The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is tipped to open mostly flat today, ending two days of sharp declines for the market.
Here's a quick recap:
- FTSE 100 (UK): down 0.89%
- DAX (Germany): down 0.33%
- CAC 40 (France): down 0.53%
- Dow Jones (USA): up 0.27%
- NASDAQ (USA): up 0.73%
The Sirtex Medical Limited (ASX: SRX) share price will be in focus again today after yesterday's sharp decline. The company announced a change in personnel, with its CEO of Americas leaving the business immediately, while it also announced disappointing research results.
The Coca-Cola Amatil Ltd (ASX: CCL) share price will be looking for some support today as well after it fell away on Thursday. The shares shed nearly 4% after Goldman Sachs downgraded its views on the stock.
OrotonGroup Limited (ASX: ORL), on the other hand, enjoyed a sharp rise, defying the market's generally foul mood. The stock bounced back after a sharp decline on Wednesday that was sparked by an earnings guidance downgrade.
Among the banks, National Australia Bank Ltd. (ASX: NAB) and Westpac Banking Corp (ASX: WBC) will be in focus again after their heavy falls during yesterday's session. The pair have each lost more than 10% since the beginning of the month, with Australia and New Zealand Banking Group (ASX: ANZ) down 11.4% as well.
And Sydney Airport Holdings Ltd (ASX: SYD) released its traffic performance report for the month of April, reporting a 12.1% increase in international travellers compared to the prior corresponding period.
Before getting started on your day, be sure to check out these two articles:
