Stocks to watch on the Australian stock exchange on Wednesday:

AFI – AUSTRALIAN FOUNDATION INVESTMENT COMPANY

Australian Foundation Investment Company (AFIC) is expected to post half-year results.

BHP – BHP BILLITON

BHP Billiton is slated to release its second quarter production report.

BHP – BHP BILLITON

FMG – FORTESCUE METALS GROUP

RIO – RIO TINTO

Miners could see a lift in their share price on Wednesday with iron ore prices remaining back above the $US40 mark.

ORG – ORIGIN

OSH – OILSEARCH

STO – SANTOS

WPL – WOODSIDE PETROLEUM

Energy stocks could be in for another hit with oil prices still not showing a turnaround, instead diverging with Brent crude higher but WTI falling.