5 things to watch on the ASX 200 on Monday

On Friday the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) finished a positive week with a day in the red. The benchmark index ended the day 0.1% lower at 5,921.8 points.

Will the market be able to bounce back on Monday? Here are five things to watch:

ASX futures pointing lower.

The Australian share market looks set to have a soft start to the week. According to the latest SPI futures, the ASX 200 is expected to open the day 37 points or 0.6% lower. This follows a disappointing end to the week on Wall Street which saw the Dow Jones fall 0.8%, the S&P 500 drop 0.9%, and the Nasdaq tumble 1.6% lower.

Tech shares could come under pressure.

Popular tech shares such as Afterpay Touch Group Ltd (ASX: APT) and WiseTech Global Ltd (ASX: WTC) could come under pressure on Monday after their U.S. peers finished the week deep in the red. According to CNBC, the five most valuable U.S. tech companies lost a combined US$75 billion in market value on Friday. Hawkish comments out of the FOMC appear to have spooked tech investors.

Oil prices drop lower again.

Oil prices have continued their poor run with another decline. This could put pressure on energy shares such as Beach Energy Ltd (ASX: BPT) and Woodside Petroleum Limited (ASX: WPL) again. According to Bloomberg, the WTI crude oil price fell 0.8% to US$60.19 a barrel and the Brent crude oil price dropped 0.7% to US$70.18 a barrel. Reuters has reported that Saudi Arabia is planning to ship less oil in December to support prices.

ANZ Bank shares go ex-dividend.

Australia and New Zealand Banking Group (ASX: ANZ) shares are likely to trade lower today after going ex-dividend for the bank’s final dividend. Eligible shareholders can look forward to receiving the 80 cents per share fully franked dividend in their accounts on December 18.

Corporate Travel Management insider buying.

The Corporate Travel Management Ltd (ASX: CTD) share price will be on watch on Monday after the under fire corporate travel specialist reported high levels of insider buying. CEO Jamie Pherous has taken advantage of the recent share price decline to pick up 115,000 shares for a total consideration of $2.43 million. This could give investor sentiment a much-needed boost.

Did you miss out on the ANZ dividend? Then don't miss out on these top dividend shares.

OUR #1 dividend pick to grow your wealth now is revealed for FREE here!

You might not know this market leader's name, but it's rapidly expanding into a highly profitable niche market here in Australia. Even better, the shares boast a strong, fully franked dividend that should balloon in the years to come. In other words, we're looking at the holy grail of incredible long-term growth potential AND income you can watch accruing in your account in real time!

Simply click here to grab your FREE copy of this up-to-the-minute research report on our #1 dividend share recommendation now.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Corporate Travel Management Limited. The Motley Fool Australia owns shares of AFTERPAY T FPO and WiseTech Global. 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 Scott Phillips.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…


The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!