The Aconex Ltd (ASX: ACX) share price will be in focus again today after rocketing higher in each of the past two sessions. Meanwhile, the futures market is pointing to a slight lift for the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) when the market opens, indicating that it could push on to fresh heights.
Here's a quick recap:
- FTSE 100 (UK): up 0.41%
- DAX (Germany): up 0.44%
- CAC 40 (France): down 0.45%
- Dow Jones (USA): down 0.2%
- NASDAQ (USA): up 0.38%
The Nearmap Ltd (ASX: NEA) share price was in hot demand on Wednesday, and could receive more attention today. Nearmap's share price has fallen sharply in the past six months or so but yesterday's good news could help provide some more support for the shares today.
Commodity prices managed to rise marginally overnight, which could provide some support for businesses such as BHP Billiton Limited (ASX: BHP). Iron ore rose 0.3%, according to The Metal Bulletin, while the Brent oil price rose 2%.
Retail businesses could also receive more time in the spotlight today. JB Hi-Fi Limited (ASX: JBH) and Harvey Norman Holdings Limited (ASX: HVN) shares both rose for the day following reports that the Australian Retailers Association had recommended a 1.2% increase in the national minimum wage, representing a rise less than the rate of inflation.
Finally, the Thorn Group Ltd (ASX: TGA) share price was slammed nearly 12% on Wednesday. The group said it had become aware of a potential class action in regards to past lending practices. It was widely reported that such a class action involved its Radio Rentals business.
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