The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is poised to slip at the open today, potentially bringing an end to its 2.5% rally since Tuesday.
Here's a quick recap:
- FTSE 100 (UK): down 0.03%
- DAX (Germany): down 0.48%
- CAC 40 (France): down 0.42%
- Dow Jones (USA): up 0.31%
- NASDAQ (USA): down 0.11%
The spot gold price plunged almost 2% to less than US$1,200 an ounce in what is the latest sign of trouble for the sector. Newcrest Mining Limited (ASX: NCM), St Barbara Ltd (ASX: SBM), Northern Star Resources Ltd (ASX: NST) and EVOLUTION FPO (ASX: EVN) could all come under pressure as a result.
Iron ore, on the other hand, continued to rise which could support BHP Billiton Limited (ASX: BHP) and Fortescue Metals Group Limited (ASX: FMG).
Nearmap Ltd (ASX: NEA) shares remain in suspension under ASX listing rule 17.3. That came after the group announced it was raising capital just two days after it said it didn't need to.
Medical device maker Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) shares fell sharply on Wednesday and could thus receive some attention from investors today.
There are a number of big-name businesses holding their annual general meetings today. They include SEEK Limited (ASX: SEK), Hansen Technologies Limited (ASX: HSN), Woolworths Limited (ASX: WOW) and South32 Ltd (ASX: S32).
Lithium producer Orocobre Limited (ASX: ORE) announced it has partnered with Canada's Advantage Lithium Corp. to explore and develop its lithium exploration portfolio.
Finally, SDI Limited (ASX: SDI) plummeted in price during yesterday's session following a trading update. Given the announcement occurred in the late stages of the session, the shares will likely receive some attention today as well.
