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

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is set to open slightly lower today after the Australian dollar plunged below US75 cents overnight. It was fetching US74.69 at around 8:00am Sydney time.

Here’s a quick recap:

  • FTSE 100 (UK): down 0.63%
  • DAX (Germany): down 0.66%
  • CAC 40 (France): down 0.78%
  • Dow Jones (USA): down 0.29%
  • NASDAQ (USA): up 0.36%

It was another interesting night for commodity markets with iron ore, gold and oil all slipping in price.

BHP Billiton Limited (ASX: BHP), Rio Tinto Limited (ASX: RIO) and Fortescue Metals Group Limited (ASX: RIO) all fell heavily on Wednesday and could be set for more pain today after iron ore fell 0.4%, according to The Metal Bulletin.

Meanwhile, gold prices retreated to US$1,225 an ounce. That could weigh on St Barbara Ltd (ASX: SBM) and Beadell Resources Ltd (ASX: BDR) and reverse some of yesterday’s impressive rebound.

Investors will be hopeful for a recovery by Aconex Ltd (ASX: ACX) after Wednesday’s 5.6% dip. The same goes for iCar Asia Ltd (ASX: ICQ) and Thorn Group Ltd (ASX: TGA).

A number of companies will hold their annual general meetings today as well, which typically garner some interest from investors. Among them are BHP Billiton, Village Roadshow Ltd (ASX: VRL), Sonic Healthcare Limited (ASX: SHL) and New Hope Corporation Limited (ASX: NHC), as well as Platinum Asset Management Limited (ASX: PTM) and Infigen Energy Ltd (ASX: IFN).

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Motley Fool contributor Ryan Newman has no position in any stocks mentioned. 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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