S&P/ASX 200 to open higher: 8 shares to watch

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

Here’s a recap:

  • Dow Jones (USA): up 1.29%
  • NASDAQ (USA): up 0.87%
  • FTSE 100 (UK): up 2.48%
  • DAX (Germany): up 1.79%

In Europe, resources shares rebounded despite uncertainty over global oil production volumes and volatility on Chinese share markets. FTSE-listed shares of BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) rose 0.37% and 1.89%, respectively.

In the US, solid manufacturing data pushed bargain hunters back into the share market. Technology, financial and industrial shares rose strongly.

Closer to home, the Sydney Futures Exchange is tipping a 32-point, or 0.6%, rise in the S&P/ASX 200.

Shares in focus will include those companies which are reporting periodic results today.

Woolworths Limited (ASX: WOW) reported a 1.4% fall in revenue and loss of $972.7 million for its half-year to 3 January 2016. The company also revealed a 44 cents per share dividend – down from 67 cents per share last year.

Link Administration Holdings Ltd (ASX: LNK) reported a 73.5% rise in half-year revenue but a loss of $4.1 million. Monash IVF Group Ltd’s (ASX: MVF) half-year revenue rose 31.6% and profit rose 27.6%.

Mayne Pharma Group Ltd (ASX: MYX) reported revenue growth of 114% and profit growth of 349%. Meanwhile, TFS Corporation Limited (ASX: TFC) reported 7.4% revenue growth and operating cash outflow of $22.1 million.

Corporate Travel Management Ltd (ASX: CTD) grew half-year revenue 43% and profit was 73% higher than the prior corresponding period. Super Retail Group Ltd (ASX: SUL) upped revenue 6% with profit lifting 33.6%.

Finally, for the six-month period to 31 December 2015, Sky Network Television Ltd (ASX: SKT) reported 2.4% revenue growth and 5.6% profit growth.

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Motley Fool Contributor Owen Raszkiewicz has a financial interest in TFS Corporation. 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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