S&P/ASX 200 set to rise: 7 shares to watch

Credit: Telstra

The S&P/ASX 200 (Index: ^AJXO) (ASX: XJO) is expected to trade higher today following mostly positive leads from international markets overnight.

Here’s a recap:

  • Dow Jones (USA): up 1.59%
  • NASDAQ (USA): up 2.21%
  • FTSE 100 (UK): up 2.87%
  • DAX (Germany): up 2.65%

In Europe, a rally in oil prices saw gains in resources shares lead markets higher. FTSE-listed shares of BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) rose 0.62% and 2.18%, respectively.

It was a similar theme on US markets, with markets being led higher by gains in oil and positive earnings reports. Twitter Inc shares were a standout, rising 6.7%.

Closer to home, the Sydney Futures Exchange is tipping a 66-point, or 1.3%, rise in the S&P/ASX 200.

Shares of Telstra Corporation Ltd (ASX: TLS) will be in focus. This morning, the telco heavyweight revealed a 7.6% rise in revenue and 0.4% increase in profit for its most recent half year. Also, it declared a 15.5 cents per share fully franked interim dividend.

Webjet Limited (ASX: WEB) reported a 27% jump in revenue and 17% increase in profit for its half-year to 31 December 2015.

Spark New Zealand Ltd (ASX: SPK) saw its revenue and profit fall 4.1% and rise 9%, respectively.

Nuplex Industries Ltd (ASX: NPX) increased revenue 2.1% but reported a 32% fall in profit.

AMP Limited’s (ASX: AMP) full-year revenue fell 20% yet the wealth management business raised profit 10%.

Sydney Airport Holdings Ltd (ASX: SYD) upped its full-year revenue 5.6% with profit up 378.8%.

Finally, Estia Health Ltd (ASX: EHE) reported a 57.6% increase in revenue and 151% rise in profit for its half-year to 31 December 2015.

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Motley Fool writer/analyst Owen Raszkiewicz does not have a financial interest in any company mentioned. Owen welcomes -- and encourages -- your feedback on Google+, LinkedIn or you can follow him on Twitter @ASXinvest.

The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of Twitter. Unless otherwise noted, the author does not have a position in any stocks mentioned by the author in the comments below. 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.

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