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January 24 2013, 07:03AM

Stocks to watch on the Australian stock exchange today, January 23, 2013.

BHP - BHP BILLITON LTD - up 48 cents, or 1.3 per cent, at $37.06

BHP Billiton is on track to lift its full year iron ore production after enjoying a better-than-expected result in the final three months of 2012.

BOB - BORAL LTD - up 3.5 cents, or 0.4 per cent, at $8.53

Building products maker Boral has upgraded its underlying first-half profit forecast after ramping up cost cuts and enjoying better trading conditions before Christmas.

FMG - FORTESCUE METALS GROUP - up two cents, or 0.43 per cent, at $4.66

Iron ore miner Fortescue will releases its second quarter production report today.

FXJ - FAIRFAX MEDIA LTD - down one cent, or 1.87 per cent, at 52.5 cents.

Thirteen positions are expected to be lost when the Financial Review Group (FRG), part of Fairfax Media, relocates more copy sub-editing to Fairfax Editorial Services in New Zealand.

NUF - NUFARM LTD - down 58 cents, or 9.2 per cent, at $5.75

Shares in pesticide maker Nufarm have dropped by more than nine per cent as hot and dry conditions on the east coast weaken demand for its products.

OZL - OZ MINERALS LTD - down six cents, or 0.8 per cent, at $7.31

Copper and gold producer Oz Minerals releases its December quarter report today.

PNA - PANAUST LTD - up three cents, or 0.9 per cent, at $3.35

South East Asian focused miner PanAust releases its fourth quarter report today.