Stocks to watch on Tuesday

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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 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.