Stocks to watch on the Australian stock exchange on Wednesday, Sept 2:
BHP – BHP BILLITON
OSH – OIL SEARCH
WPL – WOODSIDE PETROLEUM
Oil prices tumble overnight after Chinese manufacturing data further indicated a slowdown in the world’s second largest economy and shook market confidence.
FMG – FORTESCUE METALS
RIO – RIO TINTO
SDN – SUNDANCE RESOURCES
The iron ore price lifts slightly overnight, rising US38 cents to $US56.59.