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.
5 stocks under $5
We hear it over and over from investors, "I wish I had bought Altium or Afterpay when they were first recommended by The Motley Fool. I'd be sitting on a gold mine!" And it's true.
And while Altium and Afterpay have had a good run, we think these 5 other stocks are screaming buys. And you can buy them now for less than $5 a share!
*Extreme Opportunities returns as of June 5th 2020
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.
- Coronavirus (COVID-19): 6 charts every Australian needs to see – April 6, 2020 1:46pm
- Innovation through crisis – April 2, 2020 11:48am
- Coronavirus (Covid-19): Why Is Italy’s Fatality Rate So Bad? – March 26, 2020 3:39pm