News from AAP

Stocks to watch on Monday

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Stocks to watch on the Australian stock exchange:

BHP – BHP BILLITON

FMG – FORTESCUE METALS GROUP

RIO – RIO TINTO

The price of iron has head back up toward the $US55 mark, lifting $US1.05, to $US54.80.

ORG – ORIGIN ENERGY

STO – SANTOS

WPL – WOODSIDE PETROLEUM

Oil prices have fallen more than four per cent with WTI crude down $US1.55, or 4.04 per cent, at $US36.79 per barrel and Brent dropping $US1.66, or 4.12 per cent, to $US38.67.