S&P/ASX 200 to open higher: 11 shares to watch

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

Here’s a recap:

  • Dow Jones (USA): up 1.4%
  • NASDAQ (USA): up 1.5%
  • FTSE 100 (UK): up 1.5%
  • DAX (Germany): up 2%

In the US, a rally in oil shares saw markets head higher. European markets too were buoyed by the rise in commodity prices. FTSE-listed shares of Rio Tinto Limited (ASX: RIO) and BHP Billiton Limited (ASX: BHP) climbed 8.4% and 8.5%, respectively.

Closer to home and the Sydney Futures Exchange is tipping a positive open for the local S&P/ASX 200.

Shares in focus will include Rio Tinto and BHP Billiton – especially BHP. Today, the global mining giant announced a 37% fall in revenue. Profit fell to a loss of $5.67 billion. An interim dividend of 16 cents per share was announced, down from 62 cents per share.

Scentre Group Ltd (ASX: SCG) reported a 32% jump in revenue for the year ended 31 December 2015.

Specialty Fashion Group Ltd. (ASX: SFH) notched up revenue growth of 5.2% and profit growth of 50.6% during its most recent half-year reporting period.

iSentia Group Ltd (ASX: ISD) upped revenue 22% and reported a 6.8% increase in profit for the half-year to 31 December 2015. Meanwhile, IPH Ltd (ASX: IPH) reported a 65% jump in revenue and 43% increase in profit.

Senex Energy Ltd’s (ASX: SXY) revenue fell 47% and it declared a statutory loss of $27.1 million, down 59% on the prior corresponding half year. Austal Limited (ASX: ASB) reported a 9.9% jump in revenue and 42% fall in profit.

During its half-year through December 2015, Silver Chef Limited (ASX: SIV) grew revenue 21% and profit 45%, while Spotless Group Holdings Ltd (ASX: SPO) reported a 19% increase in revenue and 20% fall in profit.

Finally, for its financial year ended 31 December 2015, QBE Insurance Group Ltd (ASX: QBE) reported a 9% fall in revenue and 7% fall in profit.

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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.

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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