The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears set to rise today, following a mostly positive session for international equity markets to end last week, the futures market is pointing to a 24-point rise at the opening bell.
Here's a quick recap:
- FTSE 100 (UK): up 0.11%
- DAX (Germany): up 0.72%
- CAC 40 (France): up 0.74%
- Dow Jones (USA): up 0.18%
- NASDAQ (USA): up 0.1%
The iron ore price rose 3.7% during the latest session, according to The Metal Bulletin, which could bring shares of companies such as Fortescue Metals Group Limited (ASX: FMG) and BHP Billiton Limited (ASX: BHP) into the spotlight.
Gold rose 0.3% as well to almost US$1,325 an ounce. That could help provide a boost for some companies in the gold sector such as Newcrest Mining Limited (ASX: NCM).
The Bubs Australia Ltd (ASX: BUB) share price experienced a rollercoaster ride on Friday, and could thus be back on the market's agenda today. The shares began the session sharply lower before surging to a high of 71.5 cents – an intraday gain of 16.3%. The shares then ended the session 3.3% lower.
Mobile Embrace Ltd (ASX: MBE) was another company whose shares endured a touch session, ending Friday more than 21% lower. The shares have now lost almost two-thirds of their value since the beginning of the year, and more than 80% over the past 12 months.
And finally, shares of Martin Aircraft Company Ltd (ASX: MJP) will remain in a trading suspension today after the company failed to hand in its financial results for the half-year period ended 30 June 2017.
