Stocks to watch on the Australian stock exchange:

BHP – BHP BILLITON

FMG – FORTESCUE METALS GROUP

RIO – RIO TINTO

Shares in the mining giants could benefit from an increase in the price of iron ore overnight.

MYR – MYER

Struggling retailer Myer is expected to update the market on its $600 million turnaround plan when it unveils its half year results on Thursday.

ORG – ORIGIN ENERGY

STO – SANTOS

Energy companies may see their shares extend gains after oil prices surged overnight with WTI gaining nearly six per cent and Brent up close to four per cent.

ORL – OROTON GROUP

Oroton Group is slated to post half year results on Thursday.