The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears set to rise this morning with another push above 6,000 points on the cards. The market closed at 5,998 points on Monday and the futures market is pointing to another 14-point gain at the open.
Here's a quick recap:
- FTSE 100 (UK): up 0.8%
- DAX (Germany): down 0.23%
- CAC 40 (France): down 0.23%
- Dow Jones (USA): up 0.23%
- NASDAQ (USA): up 0.51%
The Retail Food Group Limited (ASX: RFG) share price could receive further scrutiny today after losing more than a quarter of their market value on Monday.
Retail Food Group's shares were smashed 26.1% after a series of expose'-style reports were released by The Sydney Morning Herald that detailed, amongst other things, the 'brutal reality' faced by the company's franchisees.
Kogan.com Ltd (ASX: KGN) and Medibank Private Ltd (ASX: MPL) could also receive attention after the companies entered an agreement for Kogan to offer budget health insurance policies under a new brand: "Kogan Health".
Transurban Group (ASX: TCL) has announced a contractual close on the West Gate Tunnel project and a $1.9 billion equity raise. It said "West Gate Tunnel will help address congestion along Melbourne's critical M1 corridor and provide an iconic addition to the city's transport network, when it opens to motorists in less than five years' time."
And ELMO Software Ltd (ASX: ELO) announced the acquisition of Sky Payroll for $1.4 million – only $1 million of which is payable upfront.