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.
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Motley Fool contributor Ryan Newman has no position in any of the 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.