Stocks to watch at on Monday

The planning department will halt AGL's application to expand its coal seam gas project so the company can consider community concerns.

Stocks to watch at on Monday

Published: 08:15:42 AM, Sun 10 February 2013 UTC

Stocks to watch on the Australian stock exchange on Monday, February 8

AGK - AGL ENERGY LTD - down 19 cents at $15.13

AGL has suspended its south western Sydney coal seam gas project due to community concerns, but a residents' group believes it is a stalling tactic because the work would not win regulatory approval.

NCM - NEWCREST MINING LTD - up $1.17 at $24.52

Gold miner Newcrest plans to reward shareholders with higher dividends when its two major expansion projects move into full production.

RIO - RIO TINTO LTD - up 92 cents at $69.60

The Northern Territory cabinet will decide on Monday on a plan that could see the government release gas to Rio Tinto Ltd in a bid to save an outback town.

SDL - SUNDANCE RESOURCES LTD - down four cents at 30 cents

Shares in Africa-focused iron ore hopeful Sundance Resources plunged almost 12 per cent after it revealed yet another delay in the drawn out takeover by its Chinese suitor.

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