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.