MENU

7 shares you need to watch on Monday

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) looks set to continue rising this morning with the futures market pointing to a 10-point increase at the opening bell.

Here’s a quick recap:

  • FTSE 100 (UK): up 0.19%
  • DAX (Germany): up 0.06%
  • CAC 40 (France): down 0.14%
  • Dow Jones (USA): up 0.44%
  • NASDAQ (USA): up 1.04%

The Bellamy’s Australia Ltd (ASX: BAL) share price will likely remain in a trading halt this morning after the company announced that Chinese authorities had suspended a licence for its new canning facility. The shares could re-open for trade early if the company releases an announcement today.

The gold sector will receive some attention after the gold price slipped 1% to US$1,213 an ounce. That could weigh on the Newcrest Mining Limited (ASX: NCM) share price and the Evolution Mining Ltd (ASX: EVN) share price.

Similarly, the Brent oil price slipped 2.9% which could impact the BHP Billiton Limited (ASX: BHP) share price. Although the iron ore price did regain 1.4% to US$62.80 a tonne, according to The Metal Bulletin, which could provide the BHP share price with some support.

The Rent.com.au Ltd (ASX: RNT) share price soared 16% on Friday, suggesting that its shares could receive more attention today. The same can be said for Praemium Ltd (ASX: PPS), which rocketed 15.5% higher.

And Coca-Cola Amatil Ltd (ASX: CCL) could be in focus after shedding 6% last week.

Before getting started on your day, be sure to check out these two articles:

  1. Fortescue Metals Group Limited share price falls 5%: More declines to come?
  2. Is Flight Centre Travel Group Ltd trying to buy its way to growth?

NEW! Dividend expert names his top ASX income stock for 2017-18

You probably don't know this market leader, but it's making waves in Asia and already boasts a term-deposit-crushing dividend of almost 5%. A debt free balance sheet and dominant market position at home and abroad mean this company offers investors income and some real-deal growth potential.

Simply click here to discover the name, code and a full investment analysis in our brand-new FREE report, "The Motley Fool's Top Dividend Stock for 2017-18."

Motley Fool contributor Ryan Newman has no position in any stocks mentioned. The Motley Fool Australia owns shares of Flight Centre Travel Group Limited. 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.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.