The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears set to open roughly flat this morning. The futures market is pointing to a 4-point decline at the opening bell – a fall of less than 0.1% — following a mostly negative session for international markets to close out last week.
Here’s a quick recap:
- FTSE 100 (UK): down 0.86%
- DAX (Germany): down 0.31%
- CAC 40 (France): down 0.64%
- Dow Jones (USA): down 0.35%
- NASDAQ (USA): down 0.09%
Monday marks the start of another busy week this reporting cycle. Today, Fortescue Metals Group Limited (ASX: FMG) and APN Outdoor Group Ltd (ASX: APO) are due to report their latest earnings results. BlueScope Steel Limited (ASX: BSL) and Goodman Group (ASX: GMG) are due to report their earnings results, as well.
The Telstra Corporation Ltd (ASX: TLS) share price could remain a hot topic today. The telco’s share price fell sharply last week after the company changed its lucrative dividend policy with dividends in FY2018 expected to be considerably below FY2017.
And the Kogan.com Ltd (ASX: KGN) share price could receive more attention, as well. The online retailer’s shares jumped nearly 9% on Friday and have risen more than 23% since Monday.
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Motley Fool contributor Ryan Newman has no position in any stocks mentioned. The Motley Fool Australia owns shares of Telstra 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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