Stocks to watch on the Australian stock exchange on Wednesday:
AFI – AUSTRALIAN FOUNDATION INVESTMENT COMPANY
Australian Foundation Investment Company (AFIC) is expected to post half-year results.
BHP – BHP BILLITON
BHP Billiton is slated to release its second quarter production report.
BHP – BHP BILLITON
FMG – FORTESCUE METALS GROUP
RIO – RIO TINTO
Miners could see a lift in their share price on Wednesday with iron ore prices remaining back above the $US40 mark.
ORG – ORIGIN
OSH – OILSEARCH
STO – SANTOS
WPL – WOODSIDE PETROLEUM
Energy stocks could be in for another hit with oil prices still not showing a turnaround, instead diverging with Brent crude higher but WTI falling.