The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) looks set to continue its winning streak today. While it has not ended a session in the red so far in 2017, the futures market is pointing to another 9-point lift at the opening bell.
Here’s a quick recap:
- FTSE 100 (UK): up 0.2%
- DAX (Germany): up 0.12%
- CAC 40 (France): up 0.19%
- Dow Jones (USA): up 0.32%
- NASDAQ (USA): up 0.6%
The gold miners enjoyed a strong session on Friday, but could come under some pressure with the spot gold price slipping back to around US$1,171 an ounce.
Iron ore also fell in price, which could weigh on Fortescue Metals Group Limited (ASX: FMG) and Rio Tinto Limited (ASX: RIO). BHP Billiton Limited (ASX: BHP) could also be impacted, although it could also be supported somewhat by a rising oil price.
PUSHPAY FPO NZX (ASX: PPH) announced it has exceeded the previous quarter Annualised Committed Monthly Revenue (ACMR) increase by 10.6%. This resulted in an ACMR increase of US$7.3 million over the quarter ended December.
A number of Friday’s heavy movers could come into focus again today. That includes Kogan.com Ltd (ASX: KGN) and Nextdc Ltd (ASX: NXT), which fell 3.8% and 1.7% respectively, as well as Atlas Iron Limited (ASX: AGO), which soared 14.8%.
Dreamworld owner Ardent Leisure Group (ASX: AAD) could also receive some attention. Its shares fell as much as 6.7% on Friday following a business update, but ended the session just 0.5% lower.