ASX 200 to lift: 10 shares you need to watch today

Credit: drpepperscott

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is set to bounce back from a four-session decline today with the Sydney Futures Exchange pointing to an 18-point lift at the open.

Here’s a quick recap:

  • FTSE 100 (UK): up 0.17%
  • DAX (Germany): up 0.19%
  • CAC 40 (France): up 0.59%
  • Dow Jones (USA): up 0.01%
  • NASDAQ (USA): down 1.05%

Vocus Communications Limited (ASX: VOC) will likely receive more attention today. Its shares have plunged more than 27% over the last two sessions.

Vocus’ rival TPG Telecom Ltd (ASX: TPM) could also be in focus. Its shares rebounded yesterday after a sharp fall on Tuesday when Goldman Sachs said it still rated TPG a buy, calling Vocus’ woes “company specific”, according to The Australian Financial Review.

Energy companies are expected to lift today. Brent oil soared more than 8% overnight to US$50 a barrel when OPEC, an oil cartel, agreed to curb production.

That could help to lift BHP Billiton Limited (ASX: BHP) and fellow energy producers Santos Ltd (ASX: STO), Woodside Petroleum Limited (ASX: WPL) and Oil Search Limited (ASX: OSH).

On the other hand, BHP could also be weighed down by a sharp 6.8% fall in the iron ore price. Rio Tinto Limited (ASX: RIO) and Fortescue Metals Group Limited (ASX: FMG) could also be affected.

Other shares to watch today include JB Hi-Fi Limited (ASX: JBH) and Amaysim Australia Ltd (ASX: AYS). JB Hi-Fi shares were among the market’s best performers yesterday, whereas Amaysim’s were amongst the worst.

Big, Fat, Dividends

This company's dividend is almost the stuff of legends. Its reliable cash flows support a high payout ratio, and the company's stash of franking credits are the cherry on the top of the dividend cake. Based on the last 12-months of dividends, shares are offering a fully-franked 6.5% yield, which grosses up to a whopping 9.3%, when those franking credits are included.

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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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