Stocks to watch on the Australian stock exchange early on Monday:

AGK – AGL ENERGY LTD – down 67 cents at $13.67

MELBOURNE, Feb 24 AAP – AGL Energy says it is confident of getting regulatory approval to take 100 per cent ownership of Victoria’s largest power station at Loy Yang.

CWN – CROWN LTD – down 13 cents at $8.30

Higher VIP gambler revenue and improved returns from its Macau joint venture have helped casino operator Crown increase its first half profit by 79 per cent.

DJS – DAVID JONES LTD – up 10 cents at $2.65

Upmarket department store chain David Jones hopes to make about 10 per cent of its sales online as it tries to lure new customers and avoid closing stores.

EGP – ECHO ENTERTAINMENT GROUP LTD – up 50 cents at $4.30

Casinos operator Echo Entertainment Group says it is attracting more high-rolling VIP gamblers to its casinos, and its expansion of The Star casino in Sydney is on time and within budget.