ASX 200 to rise: 12 shares you need to watch today

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is expected to rise when trading opens this morning, bolstered by a strong performance from international markets overnight. However, investors could remain somewhat cautious ahead of Chinese economic data on retail sales, GDP and industrial production.

Here’s a quick recap:

  • FTSE 100 (UK): up 0.76%
  • DAX (Germany): up 1.22%
  • CAC 40 (France): up 1.32%
  • Dow Jones (USA): up 0.42%
  • NASDAQ (USA): up 0.85%

Shares of BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) rose strongly in London overnight, and could be set for a decent return on the ASX as well after iron ore and oil prices rose marginally.

That could also help bolster Woodside Petroleum Limited (ASX: WPL) and Santos Ltd (ASX: STO) ahead of their quarterly reports on Thursday and Friday, respectively.

Gold miners such as St Barbara Ltd (ASX: SBM) and EVOLUTION FPO (ASX: EVN) could also benefit from a 0.6% rise in the spot price of gold overnight.

Crown Resorts Ltd (ASX: CWN) remains in the headlines as a number of its staff face potential prison time in China. The shares were hammered on Monday but did regain 1.7% on Tuesday.

Small-cap pair Somnomed Limited (ASX: SOM) and Nearmap Ltd (ASX: NEA) recorded strong gains on Tuesday and will likely be in focus again today.

Meanwhile, Bellamy’s Australia Ltd (ASX: BAL) will hold its Annual General Meeting in Launceston, Tasmania today. Reject Shop Ltd (ASX: TRS) will also hold its AGM in Melbourne. As will Origin Energy Ltd (ASX: ORG) in Sydney.

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Motley Fool contributor Ryan Newman owns shares of Bellamy's Australia. The Motley Fool Australia owns shares of Bellamy's Australia. 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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