The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) looks set to continue rising this morning, with the futures market pointing to a 5-point increase at the opening bell.
Here's a quick recap:
- FTSE 100 (UK): down 0.38%
- DAX (Germany): up 0.32%
- CAC 40 (France): down 0.02%
- Dow Jones (USA): up 0.04%
- NASDAQ (USA): up 0.39%
The S&P Dow Jones Indices announced a number of changes to the S&P/ASX 200 hierarchy this morning which could bring a number of shares into the spotlight.
Bellamy's Australia Ltd (ASX: BAL) will be removed from the ASX 200 bourse as of 19 June, with Speedcast International Ltd (ASX: SDA) set to take its place. Bellamy's was one of the market's top performing shares on Monday, with the BAL share price rising 5.7% to $5.76.
Meanwhile, BT Investment Management Ltd (ASX: BTT) will move into the ASX 100 index at the expense of Navitas Limited (ASX: NVT).
Insurance Australia Group Ltd (ASX: IAG) has purchased additional catastrophe reinsurance cover, extending the upper end of its gross protection.
In the resources sector, the BHP Billiton Limited (ASX: BHP) share price and the Fortescue Metals Group Limited (ASX: FMG) share price could receive some attention with the iron ore price slipping 1.1%, according to The Metal Bulletin.
Oil prices were down another 0.4% as well, while gold slipped 0.7%. That could weigh on the Newcrest Mining Limited (ASX: NCM) share price.
Before getting started on your day, be sure to check out these two articles:
