The St Barbara Ltd (ASX: SBM) share price has been on fire this week, finishing among the market's best performing shares on both Monday and Tuesday. However, the gold price fell again overnight and is now fetching below US$1,200 an ounce which could weigh on the shares today.
Meanwhile, the broader market is expected to open slightly lower today after ending yesterday's session flat.
Here's a quick recap:
- FTSE 100 (UK): down 0.13%
- DAX (Germany): down 0.01%
- CAC 40 (France): down 0.51%
- Dow Jones (USA): down 0.21%
- NASDAQ (USA): down 0.32%
St Barbara isn't the only gold miner that could be worth watching today. Others such as Evolution Mining Ltd (ASX: EVN) and Newcrest Mining Limited (ASX: NCM) have also performed strongly this week but could be tested thanks to the falling gold price.
Iron ore and oil prices fell too, while the Australian dollar is still trading for around US75.6 cents.
The Pro Medicus Limited (ASX: PME) share price will likely also receive more attention today after the shares soared on Tuesday. Pro Medicus announced it had signed a new agreement with Primary Health Care Limited (ASX: PRY).
Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) announced late yesterday that it had successfully acquired another 24.05% of the shares of Hunter Hall International Ltd (ASX: HHL) from Mr Peter Hall. The company now owns 44.2% of the business.
Other companies worth keeping an eye on today include Baby Bunting Group Ltd (ASX: BBN) and Brickworks Limited (ASX: BKW). Baby Bunting's shares fell another 5.1% yesterday while the BKW share price soared 7.4%.
Before getting started on your day, be sure to check out these two articles:
