In the week ahead, four Reserve Bank of Australia senior officials including the governor Phillip Lowe are expected to speak at various events and the market will be interested in their assessment of the state of the economy, in particular recent wages and inflation reports.
The week ahead also contains some key events to look out for including annual general meetings (AGM) and the release of interim results. Some of the shares investors should keep a close eye on this week include:
Big Un Ltd (ASX: BIG) has its AGM. Its shares have rocketed higher again in recent times after it announced that it has agreed to acquire United States-based company Tipsly for a consideration of A$4.2 million comprising cash and Big Un shares.
Hub24 Ltd (ASX: HUB) has its AGM. Its share price has been trading at all time highs on momentum gained since April when the company reported third-quarter inflows of $565 million. This took its retail funds under administration to $4.7 billion.
IPH Ltd (ASX: IPH) also has an AGM with its share price trading higher since October when it announced that it acquired New Zealand intellectual property firm AJ Park.
a2 Milk Company Ltd (Australia) (ASX: A2M) has is AGM. This has been been one of the best performing ASX stocks this year as investors were encouraged by the insatiable demand for its infant formula in the China market which resulted in sales into China rising from $38.2 million to $88.9 million, and EBITDA from $9.2 million to $32.7 million in FY 2017.
Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) announces its half year results. Market expectations will be high with the company currently trading at a price to earnings ratio of 40.
REA Group Limited (ASX: REA) has its AGM and it will be interesting to see what comes out of that given recent focus on the Australian housing market.
Woolworths Limited (ASX: WOW) has its AGM. Its share price has managed to regain some lost ground this year in what remains a very competitive retail market.
Automotive Holdings Group Ltd (ASX: AHG) has its AGM on Friday to end the week. Its share price hasn’t performed well in what has been a hot market but investors will hope it can maintain its steady dividend going forward.