The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is expected to trade higher today following positive leads from international markets overnight.
Here's a recap:
- Dow Jones (USA): up 1.29%
- NASDAQ (USA): up 0.87%
- FTSE 100 (UK): up 2.48%
- DAX (Germany): up 1.79%
In Europe, resources shares rebounded despite uncertainty over global oil production volumes and volatility on Chinese share markets. FTSE-listed shares of BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) rose 0.37% and 1.89%, respectively.
In the US, solid manufacturing data pushed bargain hunters back into the share market. Technology, financial and industrial shares rose strongly.
Closer to home, the Sydney Futures Exchange is tipping a 32-point, or 0.6%, rise in the S&P/ASX 200.
Shares in focus will include those companies which are reporting periodic results today.
Woolworths Limited (ASX: WOW) reported a 1.4% fall in revenue and loss of $972.7 million for its half-year to 3 January 2016. The company also revealed a 44 cents per share dividend – down from 67 cents per share last year.
Link Administration Holdings Ltd (ASX: LNK) reported a 73.5% rise in half-year revenue but a loss of $4.1 million. Monash IVF Group Ltd's (ASX: MVF) half-year revenue rose 31.6% and profit rose 27.6%.
Mayne Pharma Group Ltd (ASX: MYX) reported revenue growth of 114% and profit growth of 349%. Meanwhile, TFS Corporation Limited (ASX: TFC) reported 7.4% revenue growth and operating cash outflow of $22.1 million.
Corporate Travel Management Ltd (ASX: CTD) grew half-year revenue 43% and profit was 73% higher than the prior corresponding period. Super Retail Group Ltd (ASX: SUL) upped revenue 6% with profit lifting 33.6%.
Finally, for the six-month period to 31 December 2015, Sky Network Television Ltd (ASX: SKT) reported 2.4% revenue growth and 5.6% profit growth.
