News from AAP

Stocks to watch on Monday

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Stocks of interest on the Australian Securities Exchange on Monday:

BHP – BHP BILLITON – up one cent, or 0.03 per cent, to $29.25

FMG – FORTESCUE METALS GROUP – down one cent, or 0.47 per cent, to $2.11

RIO – RIO TINTO – down 15 cents, or 0.26 per cent, at $56.75

Tony Abbott says the competition watchdog is best placed to deal with any problems in the iron ore market.

IVC – INVOCARE – up two cents, or 0.15 per cent, to $13.20

Funeral homes and cemeteries operator InvoCare has withdrawn a proposed termination benefits package for former chief executive Andrew Smith following concerns by some larger shareholders.

ORL – down 34 cents, or 13.28 per cent, at $2.22

Luxury fashion retailer Oroton has scrapped its forecast of earnings growth, sending its share price to six year lows.