The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears set to open slightly lower this morning following a mostly negative session for international markets on Friday.
Here’s a quick recap:
- FTSE 100 (UK): down 0.08%
- DAX (Germany): down 0.41%
- CAC 40 (France): down 0.32%
- Dow Jones (USA): down 0.43%
- NASDAQ (USA): down 0.15%
The Evolve Education Group Ltd (ASX: EVO) share price could receive some attention today after the group announced its interim earnings this morning. The company said its net profit after tax (NPAT) before non-recurring items was $7 million, a fall of more than 20% on the prior corresponding period, although revenue rose 7% to $81.3 million.
The Afterpay Touch Group Ltd (ASX: APT) share price could remain in focus today after it experienced some turbulence late last week. It was announced that ASIC, the corporate watchdog, will collect data from buy now, pay later platforms such as Afterpay early next year to identify any potential consumer harms. Any negative findings could put pressure on the business itself.
Other companies that experienced sharp moves last week, and could thus receive more attention today, include Computershare Limited (ASX: CPU), which rose 7.6%, DuluxGroup Limited (ASX: DLX), up 7.5%, and Australian Agricultural Company Ltd (ASX: AAC), which dropped 16.1%.
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Returns as of 6th October 2020
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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