The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears set to rise this morning with the futures market pointing to a 7-point gain at the open. That follows on from a rather mixed session for international markets to end last week.
Here’s a quick recap:
- FTSE 100 (UK): up 0.64%
- DAX (Germany): down 0.06%
- CAC 40 (France): up 0.27%
- Dow Jones (USA): down 0.04%
- NASDAQ (USA): up 0.07%
The NIB Holdings Limited (ASX: NHF) share price was a key focus for the market on Friday, and could thus receive more attention today. The shares rose nearly 5% for the day but did rise as much as 8.4% during the session.
The G8 Education Ltd (ASX: GEM) share price could also receive some attention after rising 4.6% on Friday.
Auckland International Airport Ltd (ASX: AIA) reported its monthly traffic results this morning, reporting a 5.4% rise in international passengers in August 2017 compared to a year earlier. Its Hong Kong visitors were up more than 50% from the previous year.
And FONTERRA UNIT NZX (ASX: FSF) reported its full-year results with revenue rising 12%, with rising prices offsetting a 3% decline in volumes. However, reduced margins across the business saw net profit after tax (NPAT) actually decline 11%.
Elsewhere, the iron ore price slipped another 3.8%, according to The Metal Bulletin, while Brent oil and gold both rose.
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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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