Stocks to watch on Monday

Stocks of interest on the Australian Securities Exchange on Monday:

ARG - ARGO INVESTMENT - down 5.00 cents, or 0.66 per cent, at $7.51

Investment firm Argo Investments has lifted first half profit 8.9 per cent on higher dividends and increased market volatility.

BHP - BHP BILLITON - down 10.00 cents, or 0.65 per cent, at $15.25

FMG - FORTESCUE METALS GROUP - down 5.50 cents, or 3.18 per cent, at $1.675

RIO - RIO TINTO - down 19.00 cents, or 0.49 per cent, at $38.94

Australian-listed mining stocks could gain after the price of iron ore lifted to $US41.50.

IVX - INVION - steady at 0.5 cents

Drug developer Invion says chief executive Greg Collier will take over as interim chairman following the resignation of Brett Heading from the board.

KMD - KATHMANDU - up 16.00 cents, or 11.59 per cent, at $1.54

Shares in Kathmandu have jumped more than 10 per cent on news of a significant rise in its first half year sales.

NRT - NOVOGEN - down 0.5 cents, or 4.17 per cent, at 11.5 cents

New Novogen chief executive James Garner expects the company to start recruiting patients for trials of cancer drug Cantrixil by the end of 2016.

ORG - ORIGIN ENERGY - up 11.0 cents, or 2.68 per cent, at $4.21

OSH - OILSEARCH - up 5.00 cents, or 0.77 per cent, at $6.55

STO - SANTOS - down 11.00 cents, or 3.48 per cent, at $3.05

WPL - WOODSIDE PETROLEUM - down 4.00 cents, or 0.14 per cent, at $27.91

Energy stocks could lift on Monday after another rise in oil prices, with WTI March delivery futures up 40 US cents to $33.62 and Brent April delivery futures up $US1.19 at $US35.99.

WPL - WOODSIDE PETROLEUM - down 4.00 cents, or 0.14 per cent, at $27.91

Woodside Petroleum says its recently flagged writedowns of up to $US1.2 billion ($A1.69 billion) had taken into account possible delays at the Wheatstone LNG project in Western Australia.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.7064-0.0003-0.05%
    AUDUSD=X
    0.4871-0.0002-0.05%
    AUDGBP=X
    0.6330-0.0003-0.05%
    AUDEUR=X