The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) looks set to carry yesterday’s momentum into today’s session. The futures market is pointing to a 9-point rise when the market opens this morning.
Here’s a quick recap:
- FTSE 100 (UK): up 0.12%
- DAX (Germany): up 1.08%
- CAC 40 (France): up 0.96%
- Dow Jones (USA): up 0.14%
- NASDAQ (USA): up 0.5%
Entertainment and gaming business Tabcorp Holdings Limited (ASX: TAH) reported its results today. Although its revenue increased 2%, its net profit for the period fell 28% to $58.9 million, largely due to significant items.
Gold shares such as EVOLUTION FPO (ASX: EVN) could lose some of their appeal after the spot gold price slipped 0.4% overnight. Oil prices, on the other hand, rose a little over 1% while iron ore remained flat.
Before getting started on your day, it may also be worth checking out these two articles:
Where to invest $1,000 right now
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.
*Returns as of June 30th
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