S&P/ASX 200 open Friday: 5 shares to watch

The S&P/ASX 200 (Index:^AXJO)(ASX:XJO) is expected to open higher on Friday.

a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) is expected to open higher on Friday.

Here's a quick recap of global markets:

  • FTSE 100 (UK): up 0.3%
  • DAX (Germany): up 0.4%
  • CAC 40 (France): up 0.7%
  • Dow Jones (USA): up 0.6%
  • NASDAQ (USA): up 0.8%

In London, shares bounced back after two days of sell-downs. It comes ahead of the UK General Election next week, with polls showing a drop in support for the current government.  FTSE-listed shares of BHP Billiton Limited (ASX: BHP) fell 0.25% while shares of Rio Tinto Limited (ASX: RIO) ended 0.5% higher.

Across the pond, US markets ended firmly higher, as President Trump dropped his country's commitment to climate change.

Closer to home, the ASX 200 is expected to open higher.

Shares in focus include laboratory testing business ALS Ltd (ASX: ALQ), which this morning confirmed the acquisitions of the USA's Marshfield Food Services and OILCHECK in Brazil.

Qube Holdings Ltd (ASX: QUB) announced the successful completion of a $118 million capital raising to institutions. Retail investors can participate in the company's upcoming $110 million shareholder capital raising.

Technology business GBST Holdings Limited (ASX: GBT) updated the market on its migration of the back and middle-office functions of Deutsche Bank to GBST Syn~.

Finally, analysts at RBC Capital Markets cut their South32 Ltd (ASX: S32) share price target 14% to $3, and Morgans analysts cut their Tatts Group Limited (ASX: TTS) price target 8.2% to $4.26, according to Dow Jones Newswires.

Motley Fool Contributor Owen Raszkiewicz does not have a financial interest in any company mentioned. Owen welcomes and encourages your feedback. You can follow him on Twitter @OwenRask. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on ⏸️ Investing

Close up of baby looking puzzled
Retail Shares

What has happened to the Baby Bunting (ASX:BBN) share price this year?

It's been a volatile year so far for the Aussie nursery retailer. We take a closer look

Read more »

woman holds sign saying 'we need change' at climate change protest
ETFs

3 ASX ETFs that invest in companies fighting climate change

If you want to shift some of your investments into more ethical companies, exchange-traded funds can offer a good option

Read more »

a jewellery store attendant stands at a cabinet displaying opulent necklaces and earrings featuring diamonds and precious stones.
⏸️ Investing

The Michael Hill (ASX: MHJ) share price poised for growth

Investors will be keeping an eye on the Michael Hill International Limited (ASX: MHJ) share price today. The keen interest…

Read more »

ASX shares buy unstoppable asx share price represented by man in superman cape pointing skyward
⏸️ Investing

The Atomos (ASX:AMS) share price is up 15% in a week

The Atomos (ASX: AMS) share price has surged 15% this week. Let's look at what's ahead as the company build…

Read more »

Two people in suits arm wrestle on a black and white chess board.
Retail Shares

How does the Temple & Webster (ASX:TPW) share price stack up against Nick Scali (ASX:NCK)?

How does the Temple & Webster (ASX: TPW) share price stack up against rival furniture retailer Nick Scali Limited (ASX:…

Read more »

A medical researcher works on a bichip, indicating share price movement in ASX tech companies
Healthcare Shares

The Aroa (ASX:ARX) share price has surged 60% since its IPO

The Aroa (ASX:ARX) share price has surged 60% since the Polynovo (ASX: PNV) competitor listed on the ASX in July.…

Read more »

asx investor daydreaming about US shares
⏸️ How to Invest

How to buy US shares from Australia right now

If you have been wondering how to buy US shares from Australia to gain exposure from the highly topical market,…

Read more »

⏸️ Investing

Why Fox (NASDAQ:FOX) might hurt News Corp (ASX:NWS) shareholders

News Corporation (ASX: NWS) might be facing some existential threats from its American cousins over the riots on 6 January

Read more »