The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears set to continue its rise today following yesterday’s 41-point jump and a positive session for international markets.
Here’s a quick recap:
- FTSE 100 (UK): up 0.62%
- DAX (Germany): up 1.59%
- CAC 40 (France): up 1.33%
- Dow Jones (USA): up 0.57%
- NASDAQ (USA): up 0.84%
Australian-listed technology stocks could remain in focus today following yesterday’s acquisition of Aconex Ltd (ASX: ACX). The business was purchased at a 47% premium to its previous closing price, leading some to believe that other tech businesses may also be undervalued.
The GetSwift Ltd (ASX: GSW) share price could also receive some attention after it announced a partnership agreement with Toast. The update provided no details on the terms of the agreement, nor any indications regarding how much revenue it could generate.
Iron ore miners such as BHP Billiton Limited (ASX: BHP) and Fortescue Metals Group Limited (ASX: FMG) could also receive some attention after the iron ore price surged 3.7% higher overnight, according to The Metal Bulletin.