Stocks to watch – NEWS.com.au

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Australian Associated Press

Stocks to watch on the Australian stock exchange:

ANZ – ANZ BANKING GROUP – down 33 cents, or 1.2 per cent, at $27.89

CBA – COMMONWEALTH BANK OF AUSTRALIA – down 61.5 cents, or 0.8 per cent, at $79.525

NAB – NATIONAL AUSTRALIA BANK – down 27 cents, or 0.9 per cent, at $29.46

WBC – WESTPAC BANKING CORP – down 33 cents, or 1.1 per cent, at $30.09

The financial sector, including the four big banks, has been a drag on the local equities market on Monday.

BHP – BHP BILLITON – down 5 cents, or 0.2 per cent, at $23.96

FMG – FORTESCUE METALS GROUP – down 10.5 cents, or 2.2 per cent, at $4.745

RIO – RIO TINTO – down 68 cents, or 1.1 per cent, at $62.96

The price of iron ore again slips, sinking further below the $US60 mark.

ORG – ORIGIN – up 7.5 cents, or 0.9 per cent, at $8.005

OSH – OIL SEARCH – down 2 cents, or 0.3 per cent, at $7.30

STO – SANTOS – down 3.5 cents, or 1 per cent, at $3.445

WPL – WOODSIDE PETROLEUM – down 20 cents, or 0.6 per cent, at $32.66

Oil prices rebound off Thursday’s low, lifting more than one per cent.

OSH – OIL SEARCH – down 2 cents, or 0.3 per cent, at $7.30

Oil Search has slightly raised its 2017 exploration budget after finalising farm-in agreements for several prospecting licences in Papua New Guinea.

WES – WESFARMERS – up 30.5 cents, or 0.7 per cent, at $42.925

Coles and Bunnings owner Wesfarmers will pay its new chief executive $3 million less than outgoing long-serving boss Richard Goyder.