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9 shares you need to watch on Tuesday

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) looks set to edge higher once again this morning following a mostly positive night for international equity markets.

Here’s a quick recap:

  • FTSE 100 (UK): up 0.31%
  • DAX (Germany): up 0.29%
  • CAC 40 (France): up 0.56%
  • Dow Jones (USA): up 0.07%
  • NASDAQ (USA): down 0.29%

The Inghams Group Ltd (ASX: ING) share price could come into focus today after its rival, TEGEL GRP FPO NZX (ASX: TGH), or Tegel, announced its full-year earnings results. The company reported a 0.8% increase in its underlying earnings (EBITDA), 5.4% growth in revenue and 7.1% growth in poultry volumes.

Shares of Link Administration Holdings Ltd (ASX: LNK) are likely to remain in a trading halt today after the group announced it will spend around $1.5 billion acquiring U.K.-based financial services group Capital Asset Services.

The Alkane Resources Limited (ASX: ALK) share price could benefit after the company revised its full-year guidance upwards due to improved gold production. However, that mightn’t be enough to protect the shares after the gold price slipped 1% overnight. That could also weigh on other shares in the sector, such as Newcrest Mining Limited (ASX: NCM) and Northern Star Resources Ltd (ASX: NST).

The iron ore price, on the other hand, rose 0.4% while the Brent oil price regained 1%.

Speaking of iron ore, Fortescue Metals Group Limited (ASX: FMG) provided an update on its continued investment in projects to improve safety, productivity and efficiency, which could receive some of the market’s attention.

Elsewhere, it’s worth keeping an eye on the QBE Insurance Group Ltd (ASX: QBE) share price, which continued its descent on Monday, as well as Metcash Limited (ASX: MTS) which rose after the company reinstated its dividend payments to shareholders.

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

  1. 2 dividend growth stars I’d buy right now
  2. 3 growth shares for every portfolio

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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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