Stocks to watch on the Australian stock exchange on Wednesday:
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.
DLS – DRILL SEARCH
BPT – BEACH ENERGY
Drillsearch has a scheme meeting scheduled in Sydney for its proposed merger with Beach Energy.
NAB – NATIONAL AUSTRALIA BANK
National Australia Bank hs a scheme meeting on demerger of its Clydesdale Bank.
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.