Stocks to watch on the Australian stock exchange:
BHP – BHP BILLITON
FMG – FORTESCUE METALS GROUP
RIO – RIO TINTO
The price of iron has again edged higher, up 18 US cents to $US54.5.
BOQ – BANK OF QUEENSLAND
The Bank of Queensland is slated to release half-year results on Thursday.
ORG – ORIGIN ENERGY
STO – SANTOS
WPL – WOODSIDE PETROLEUM
Oil prices have surged five per cent or more, with WTI closing $US1.86, or 5.18 per cent, higher at $US37.75 a barrel and Brent up $US1.84, or 4.86 per cent, at $US39.71 a barrel at 0803 Thursday AEST.
