5 shares you need to watch on Wednesday

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears set to open flat this morning, although a strong performance by international equity markets overnight could give the local bourse a boost during the day.

Here’s a quick recap:

  • FTSE 100 (UK): up 0.7%
  • DAX (Germany): up 1.1%
  • CAC 40 (France): up 0.65%
  • Dow Jones (USA): up 0.33%
  • NASDAQ (USA): up 0.23%

Earnings season will continue to get underway today. Rio Tinto Limited (ASX: RIO) is one company that could receive some attention, with the miner set to release its half-year results.

Meanwhile, BWP Trust (ASX: BWP) released its full-year results, reporting a 2% increase in revenue and a 4% increase in profit (before gains on investment properties). The trust will pay a final distribution of 8.88 cents per unit.

iSentia Group Ltd (ASX: ISD) could receive some more attention today, as well, following yesterday’s earnings guidance downgrade – and the share price’s subsequent thrashing. The same can be said for Freelancer Ltd (ASX: FLN), whose share price lost nearly a quarter of its value yesterday.

Finally, Webjet Ltd (ASX: WEB) shares could remain in the spotlight today. The Webjet share price has come under heavy fire recently after it was announced the company had had a disagreement with its auditor.

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

  1. Top stock picks for August
  2. These 3 ASX shares are hiding in plain sight

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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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