Stocks to watch on the Australian stock exchange on Thursday:
BHP – BHP BILLITON
FMG – FORTESCUE METALS GROUP
RIO – RIO TINTO
Shares in the mining giants could come under pressure, as the price of iron ore has slipped below the $US60 mark.
ORG – ORIGIN ENERGY
STO – SANTOS
Energy companies may see their shares extend gains after a strong recovery in oil prices sent energy shares sharply higher globally.