Stocks to watch on the Australian stock exchange:
BHP – BHP BILLITON
FMG – FORTESCUE METALS GROUP
RIO – RIO TINTO
The price of iron ore has soared, lifting $US2.08 to $US60.36.
ORG – ORIGIN ENERGY
STO – SANTOS
WPL – WOODSIDE PETROLEUM
Oil prices have rebounded from sharp losses suffered after talks in Doha between producers ended without an agreement to cut supply.
REC – RECALL
Australia’s foreign investment review board has approved the $3.4 billion takeover of data management group Recall by US logistics giant Iron Mountain and shareholders vote on the proposal on Tuesday.
RIO – RIO TINTO
Rio Tinto is expected to release a first quarter operations review.