S&P/ASX 200 open Thursday: 6 shares to watch

The S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) is expected to open flat on Thursday.

Here’s a quick recap of global markets:

  • FTSE 100 (UK): down 0.1%
  • DAX (Germany): up 0.1%
  • CAC 40 (France): down 0.4%
  • Dow Jones (USA): down 0.1%
  • NASDAQ (USA): down 0.1%

In London, the blue-chip index traded mostly flat as investors await next week’s general elections. Many fear the government may lose seats in parliament. FTSE-listed shares of BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) ended 1.6% and 2.4% lower, respectively.

Across the pond, US markets also traded flat, despite a modest selloff in energy and materials. Oil prices fell as much as 2.8%.

Closer to home, the ASX 200 is expected to open slightly lower today.

Shares in focus will include Domino’s Pizza Enterprises Ltd. (ASX: DMP). The pizza chain’s shares are down more than 7% over the past five days, as the company says a review of its industrial compliance program continues.

Elders Ltd (ASX: ELD) shares will also be in focus after the agricultural business announced it had completed the divestment of its live export logistics business.

Australia and New Zealand Banking Group (ASX: ANZ) announced that the average risk weight for its residential mortgages will increase following a review by APRA of its capital model. However, it expects no additional capital management actions are required.

APA Group (ASX: APA) announced the acquisition of the Orbost Gas Processing Plant, in eastern Victoria. APA will purchase, update and operate the facility, which is currently owned by Cooper Energy Ltd. (ASX: COE). However, the deal remains subject to a debt raising and final investment decision by Cooper Energy.

Finally, Macquarie analysts raised their Amcor Limited (ASX: AMC) price target 2.4% to $17.17, according to Dow Jones Newswires.

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Motley Fool Contributor Owen Raszkiewicz does not have a financial interest in any company mentioned. Owen welcomes and encourages your feedback. You can follow him on Twitter @OwenRask.

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