ASX 200 to rise: 11 shares you need to watch today

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) looks set to edge higher at the opening bell this morning with the Sydney Futures Exchange pointing to a 13-point gain.

Here’s a quick recap:

  • FTSE 100 (UK): up 0.17%
  • DAX (Germany): up 0.25%
  • CAC 40 (France): up 0.29%
  • Dow Jones (USA): closed
  • NASDAQ (USA): closed

Boral Limited (ASX: BLD) shares collapsed more than 17% on Thursday following a major acquisition. The shares will likely receive more attention today as a result.

Gold miners could also be in focus today with gold down another 0.3% during the latest session. Shares of businesses such as St Barbara Ltd (ASX: SBM) and EVOLUTION FPO (ASX: EVN) fell sharply on Thursday.

Other businesses that made headlines on Thursday could also be revisited today. They include Nick Scali Limited (ASX: NCK), which soared 8% after an earnings upgrade, as well as Empired Ltd (ASX: EPD) and Jumbo Interactive Ltd (ASX: JIN).

Automotive aftermarket parts business Bapcor Ltd (ASX: BAP) issued a letter to shareholders of New Zealand-based Hellaby Holdings after the market closed yesterday. The letter highlighted a number of factors it believes were not considered in an independent valuation of the business, which it intends to acquire.

Mining giant BHP Billiton Limited (ASX: BHP) has approved another US$181 million in financial support for Samarco, which will be offset against its provision of US$1.2 billion recognised as at 30 June 2016.

Myob Group Ltd (ASX: MYO) will host an “Insight to Innovation” event in Melbourne today. In terms of its business strategy, the company said: “We’re making excellent progress in implementing our strategy and see plenty of opportunity for growth.”

Finally, a number of businesses will hold their annual general meetings today. Among them are Primary Health Care Limited (ASX: PRY) and Select Harvests Limited (ASX: SHV).

If you're looking for great investing ideas today, I would urge you to take a look at this business, hand-selected by our analysts as the top dividend share for 2017!


Attention investors: The Motley Fool's dividend expert Andrew Page has just released his #1 dividend stock for 2017. Chances are you've never heard of this little company, yet it's a fast-growing consumer favourite - with the shares up 155% in just the last five years! Even better, it's throwing off loads of cold, hard cash. As we speak, these shares are trading on 4.2% dividend yield, fully franked (6.0% gross). Making it a 'best bet' for growth AND income... No credit card required.

Simply click here to discover the name, code and a full investment analysis in our brand-new FREE report, "The Motley Fool's Top Dividend Stock for 2017."

Motley Fool contributor Ryan Newman owns shares of Bapcor. The Motley Fool Australia owns shares of Bapcor. 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.