The Motley Fool

ASX sneak peek on Tuesday: 6 shares you need to watch today

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is expected to follow its international counterparts lower today with the futures market pointing to a 10-point decline at the opening bell. The Healthscope Ltd (ASX: HSO) share price will likely be among those in focus after it plunged 4% on Monday.

Here’s a quick recap:

  • FTSE 100 (UK): down 0.55%
  • DAX (Germany): down 0.45%
  • CAC 40 (France): down 0.71%
  • Dow Jones (USA): down 0.06%
  • NASDAQ (USA): down 0.29%

The HSO share price was among the hardest hit on Monday after it announced the appointment of its new CEO, Gordon Ballantyne, who will replace the outgoing Robert Cooke in May.

Th Orion Health Group Ltd (ASX: OHE) share price was slammed as well following a disappointing business update, so investors will be hopeful for a more positive session today.

In the resources sector, miners such as BHP Billiton Limited (ASX: BHP) and Fortescue Metals Group Limited (ASX: FMG) will likely be back in focus after the iron ore price dropped 1.3% to below US$80 a tonne, according to The Metal Bulletin.

The oil price traded lower as well, while the gold price managed to rebound 0.3%. That could support the shares of businesses such as Evolution Mining Ltd (ASX: EVN).

And finally, the Spotless Group Holdings Ltd (ASX: SPO) share price may receive some more attention after The Australian Financial Review reported that there could be more parties interested in acquiring its business.

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

  1. Here’s why these 4 ASX shares have started the week with a BANG
  2. 5 Aussie health shares I’m watching in 2017

NEW. The Motley Fool AU Releases Five Cheap and Good Stocks to Buy for 2020 and beyond!….

Our experts here at The Motley Fool Australia have just released a fantastic report, detailing 5 dirt cheap shares that you can buy in 2020.

One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

Another is a diversified conglomerate trading over 40% off its high, all while offering a fully franked dividend yield over 3%...

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click here or the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.


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.