On Wednesday the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) pushed higher again and finished the day up 0.35% at 6,026.1 points.
Will the market be able to build on this on Thursday? Here are five things to watch:
ASX futures pointing higher.
According to the latest SPI futures, the ASX 200 is expected to open the day higher on Wednesday. At the time of writing futures contracts are pointing to a gain of 0.4% or 24 points this morning. This is despite a disappointing night of trade on Wall Street which late in the session sees the Dow Jones down 0.1%, the S&P 500 0.3% lower, and the Nasdaq off 0.4%.
CYBG shares set to rocket.
The CYBG PLC (ASX: CYB) share price is likely to rocket higher on Thursday following the release of its first quarter update after the market close. According to the release, customer lending grew 1.4% to 71.9 billion pounds during the quarter. This led to the bank's UK-listed shares rising a massive 14% in overnight trade.
IDP Education results.
IDP Education Ltd (ASX: IEL) shares will be on watch on Thursday when the fast-growing education services provider releases its half year results. According to Goldman Sachs, its analysts are expecting sales of $280.6 million and EBITDA of $58.6 million. This is expected to be driven by 5% volume growth in Australian placement volumes and 13% volume growth in IELTS volumes.
AGL Energy results.
The AGL Energy Limited (ASX: AGL) share price could be on the move today when it releases its half year results. According to Morgans, it expects underlying EBITDA to be similar to previous corresponding period, whereas NPAT is expected to be 3% lower than the same period last year.
Oil prices rebound.
Oil Search Limited (ASX: OSH) and Santos Ltd (ASX: STO) shares could be on the rise on Thursday after oil prices rebounded. According to Bloomberg, the WTI crude oil price has pushed 0.5% higher to US$53.92 a barrel and the Brent crude oil price has climbed 1% to US$62.60 a barrel.
