ASX preview on Wednesday: 9 shares you need to watch today

The ISD share price has rallied more than 14% so far this week

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The iSentia Group Ltd (ASX: ISD) share price will be in focus again today. The ISD share price surged more than 7% on Tuesday, taking its two-day tally to 14.4%, and shareholders will be hopeful for more gains today. The broader market, however, is expected to decline with the futures market pointing to an 11-point drop at the open.

Here's a quick recap:

  • FTSE 100 (UK): down 0.15%
  • DAX (Germany): up 0.06%
  • CAC 40 (France): down 0.35%
  • Dow Jones (USA): down 0.14%
  • NASDAQ (USA): down 0.26

The gold miners could receive more attention today after the gold price fell another 0.7% to US$1,216 an ounce. The Evolution Mining Ltd (ASX: EVN) share price, along with Regis Resources Limited (ASX: RRL), were among the hardest hit shares on the ASX 200 yesterday amid fears the gold price could have further to fall.

The iron ore miners, including BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) could also come under the spotlight. As reported by The Australian Financial Review, iron ore prices could fall sharply in the second-half of the year which would likely weigh on the share prices of those businesses.

Outside of the resources sector, the Telstra Corporation Ltd (ASX: TLS) share price may find some support after Bernstein increased its share price target from $4.70 to $5, according to Barrons.com. The telco's shares are hovering around a multi-year low price with dividend-hungry investors likely intrigued by its solid dividend yield.

Meanwhile, Freelancer Ltd (ASX: FLN) shares soared on Tuesday and could receive more attention from investors today, along with Nextdc Ltd (ASX: NXT) and Ardent Leisure Group (ASX: AAD).

Before getting started on your day, be sure to check out these two articles:

  1. RBA leaves rates on hold: 2 shares to profit from the changing rates outlook
  2. Why Long-Term Investing Is More Profitable Than Short-Term Trading
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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