The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears set to rise again this morning following yesterday’s 25-point jump. It also follows what was a mostly positive night for international equity markets.
Here’s a quick recap:
- FTSE 100 (UK): up 0.52%
- DAX (Germany): up 0.32%
- CAC 40 (France): up 0.3%
- Dow Jones (USA): up 0.28%
- NASDAQ (USA): up 0.1%
The Fortescue Metals Group Limited (ASX: FMG) share price could remain in the spotlight today after they fell another 2.7% on Monday. They have shed more than 7% over the past five sessions, exacerbated by news that their CEO will leave the business early in 2018.
Shares of gold miners such as Newcrest Mining Limited (ASX: NCM) and Evolution Mining Ltd (ASX: EVN) could also be impacted after the gold price slipped almost 1% overnight. Oil prices were 0.3% lower and iron ore fell 0.5%, according to The Metal Bulletin.
The SYNLAIT FPO NZX (ASX: SM1) share price could also receive some attention this morning. The company reported a 39% increase in revenue to NZ$759 million and net profit of NZ$38.2 million. The shares rose 5.4% on Monday.
Other shares to watch include Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) and Liquefied Natural Gas Ltd (ASX: LNG), both of which fell sharply on Monday. In fact, the latter’s share price fell almost 11% and has lost a third of their value so far in 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.
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