The futures market is pointing to a small rise when the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) opens this morning, despite a mostly negative session for international markets on Friday.
Here's a quick recap:
- FTSE 100 (UK): down 0.2%
- DAX (Germany): down 0.47%
- CAC 40 (France): down 0.3%
- Dow Jones (USA): down 0.01%
- NASDAQ (USA): up 0.46%
The Metcash Limited (ASX: MTS) share price will be in focus today after the company reported its full-year results. The company reported a 5.4% increase in group sales and an 9% increase in underlying net profit, while also announcing the retirement of group CEO Ian Morrice after four years in the job.
Auckland International Airport Ltd (ASX: AIA) reported its traffic numbers this morning for the month of May, with international passenger numbers up 10.1% compared with May 2016.
Sky Network Television Ltd (ASX: SKT) and Vodafone Europe announced they had decided to terminate the sale and purchase (SPA) agreement in relation to a proposed merger between Sky and Vodafone New Zealand. However, the pair will continue to work together to strengthen their commercial relationship.
Gold miners such as Evolution Mining Ltd (ASX: EVN) and Newcrest Mining Limited (ASX: NCM) could receive some attention after the gold price rose 0.5% to around US$1,257 an ounce.
The iron ore price also rose 0.4%, according to The Metal Bulletin, while oil prices rebounded another 0.7%, which could provide a boost for the BHP Billiton Limited (ASX: BHP) share price.
Meanwhile, other shares that could be worth keeping an eye on today are RCG Corporation Ltd (ASX: RCG), whose shares have rallied so far in June, together with Bellamy's Australia Ltd (ASX: BAL) and Ardent Leisure Group (ASX: AAD). The Bellamy's share price lost some of its steam on Friday following a solid run, while Ardent Leisure Group's share price declined on the back of a full-year earnings update.
Before getting started on your day, be sure to check out these two articles:
