S&P/ASX 200 open Friday: 7 shares you need to watch

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is tipped to open mostly flat today, ending two days of sharp declines for the market.

Here’s a quick recap:

  • FTSE 100 (UK): down 0.89%
  • DAX (Germany): down 0.33%
  • CAC 40 (France): down 0.53%
  • Dow Jones (USA): up 0.27%
  • NASDAQ (USA): up 0.73%

The Sirtex Medical Limited (ASX: SRX) share price will be in focus again today after yesterday’s sharp decline. The company announced a change in personnel, with its CEO of Americas leaving the business immediately, while it also announced disappointing research results.

The Coca-Cola Amatil Ltd (ASX: CCL) share price will be looking for some support today as well after it fell away on Thursday. The shares shed nearly 4% after Goldman Sachs downgraded its views on the stock.

OrotonGroup Limited (ASX: ORL), on the other hand, enjoyed a sharp rise, defying the market’s generally foul mood. The stock bounced back after a sharp decline on Wednesday that was sparked by an earnings guidance downgrade.

Among the banks, National Australia Bank Ltd. (ASX: NAB) and Westpac Banking Corp (ASX: WBC) will be in focus again after their heavy falls during yesterday’s session. The pair have each lost more than 10% since the beginning of the month, with Australia and New Zealand Banking Group (ASX: ANZ) down 11.4% as well.

And Sydney Airport Holdings Ltd (ASX: SYD) released its traffic performance report for the month of April, reporting a 12.1% increase in international travellers compared to the prior corresponding period.

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

  1. The difference between price and value
  2. How I’d invest $40,000 in growth stocks today

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Motley Fool contributor Ryan Newman has no position in any stocks mentioned. The Motley Fool Australia owns shares of National Australia Bank Limited and Sydney Airport Holdings 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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