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.

Discover How 1 Man Made 100x His Money After 50

Few know, that as Warren Buffett blew out the candles on his 50th birthday cake, he had just 1% of his current fortune. Think about it: At an age when most give up hope, Buffett was just getting started on the remaining 99% of his fortune. Goes to show you that it's never too late for you to potentially get rich. Which is why we've gathered the strategies we learned from Buffett, distilled them down to 11 simple lessons, and put it in an exclusive report for you to claim. Just click here to learn more about this handy investing guide.

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.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.