Stocks to watch on the Australian stock exchange:
BHP – BHP BILLITON
FMG – FORTESCUE METALS GROUP
RIO – RIO TINTO
The price of iron looks to be slowly heading back down toward the $US50 mark, losing 43 US cents, to $US53.75.
ORG – ORIGIN ENERGY
STO – SANTOS
WPL – WOODSIDE PETROLEUM
Oil prices are mixed with WTI crude down four 17 US cents, or 0.44 per cent, at $US38.15 per barrel at 0807 AEDT, but Brent up 34 US cents, or 0.87 per cent, at $US39.60.
