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ASX 200 to rebound: 13 shares you need to watch today

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) took a thrashing on Wednesday, but looks set to rebound today. The Sydney Futures Exchange is pointing to an 8-point rise at the opening bell, despite a mostly negative session for equity markets overnight.

Here’s a quick recap:

  • FTSE 100 (UK): down 0.85%
  • DAX (Germany): down 0.44%
  • CAC 40 (France): down 0.14%
  • Dow Jones (USA): up 0.17%
  • NASDAQ (USA): down 0.63%

A number of companies will hold their Annual General Meetings today. One that will receive plenty of attention is Ardent Leisure Group (ASX: AAD). Its share price has plummeted in response to Tuesday’s tragic incident at its Dreamworld theme park.

JB Hi-Fi Limited (ASX: JBH) will hold its AGM as well, together with Blackmores Limited (ASX: BKL), Whitehaven Coal Ltd (ASX: WHC), Challenger Ltd (ASX: CGF), APA Group (ASX: APA), Reece Ltd (ASX: REH) and Tatts Group Limited (ASX: TTS).

Investors will hope shares of Wesfarmers Ltd (ASX: WES) rebound today after they plummeted more than 5% on Wednesday due to slowing growth at its Coles stores.

Bega Cheese Ltd (ASX: BGA) has also fallen hard in recent sessions, and could come under the microscope again today.

Other companies that will likely receive some attention include Village Roadshow Ltd (ASX: VRL), which has been impacted by the tragic events surrounding Ardent Leisure Group (Village operates three theme parks on the Gold Coast), as well as Sirtex Medical Limited (ASX: SRX) and IPH Ltd (ASX: IPH), which were both hit hard on Wednesday.

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Motley Fool contributor Ryan Newman has no position in any stocks mentioned. The Motley Fool Australia owns shares of IPH Ltd. 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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