Stocks to watch on Monday

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Stocks to watch on the Australian stock exchange on Monday, July 20:

LYC – LYNAS – closed steady at 3.8 cents

Rare earths miner Lynas has more than doubled its annual revenue as its production rapidly increases.

MTS – METCASH – up 11 cents, or 10.43 per cent, at $1.16

Struggling grocery wholesaler Metcash has recruited two former senior Coles and Woolworths executives to help lead its turnaround efforts.

NAB – NATIONAL AUSTRALIA BANK – up by two cents, or 0.06 per cent at $34.34

National Australia Bank has moved to sell down its remaining stake in its former US subsidiary Great Western Bancorp.

STO – SANTOS – down six cents, or 0.78 per cent, at $7.66

Falling oil prices have offset a ramp up in production by energy giant Santos, causing a 19 per cent slide in revenue.