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

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) will look to bounce back today after yesterday’s heavy fall. It was the first time in 2017 that the main bourse has ended in the red, with the futures market pointing to a 26-point rebound at today’s open.

Here’s a quick recap:

  • FTSE 100 (UK): up 0.52%
  • DAX (Germany): up 0.17%
  • CAC 40 (France): up 0.01%
  • Dow Jones (USA): down 0.16%
  • NASDAQ (USA): up 0.36%

PUSHPAY FPX NZX (ASX: PPH) reported a strong lift in annualised committed monthly revenue (ACMR) today. ACMR increased US$8.4 million during the quarter ended 31 December, which represents a 27.6% improvement on the previous quarter (although that included US$1.1 million derived from a recent acquisition).

Specialty pharmaceutical business Mayne Pharma Group Ltd (ASX: MYX) could receive some attention today. It announced it has launched both Fabio, a topical treatment for acne, as well as Sorilux, a topical treatment of plaque psoriasis of the scalp and body, in the United States.

Yowie Group Ltd (ASX: YOW) said it delivered a successful US pre-holiday marketing campaign in the United States, which could encourage some investors.

Resource shares could receive some attention today, too. Gold rose 0.5% overnight, which could boost shares such as EVOLUTION FPO (ASX: EVN) and Newcrest Mining Limited (ASX: NCM).

Meanwhile, a 1.9% lift in the iron ore price could help BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO). Oil prices, on the other hand, slipped nearly 2%.

Slater & Gordon Limited (ASX: SGH) shares have been on a tear this week, which could attract the attention of some investors.

And finally, Class Ltd (ASX: CL1) and Praemium Ltd (ASX: PPS) could be back in focus after their strong results-driven rallies yesterday.

5 stocks under $5

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Motley Fool contributor Ryan Newman owns shares of Class Limited. The Motley Fool Australia owns shares of Class Limited. 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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