The Motley Fool

5 things to watch on the ASX 200 on Tuesday

On Monday the S&P/ASX 200 index started the week on a positive note and raced 0.3% higher to 6,749.7 points.

Will the local share market be able to build on this on Tuesday? Here are five things to watch:

ASX 200 expected to slide lower.  

It looks set to be a disappointing day of trade for the Australian share market. According to the latest SPI futures, the ASX 200 index is expected to open the day 13 points or 0.2% lower this morning following a poor night of trade in Europe following weak German economic data. On Wall Street the Dow Jones rose 15 points or 0.05%, the S&P 500 traded flat, and the Nasdaq index edged a few points lower.

Oil prices rise.

It could be a better day of trade for energy shares such as Beach Energy Ltd (ASX: BPT) and Woodside Petroleum Limited (ASX: WPL) after oil prices pushed higher. According to Bloomberg, the WTI crude oil price climbed 0.65% to US$58.46 a barrel and the Brent crude oil price pushed 0.3% higher to US$64.46 a barrel.

Webjet on watch again.

The Webjet Limited (ASX: WEB) share price will be on watch again today after its UK partner, Thomas Cook, officially collapsed after 178 years in business. Webjet advised that it will lose $150 million to $200 million of total transaction value (TTV), $7 million of additional EBITDA, and €27 million in outstanding receivables.

Gold price charges higher.

Global economic growth concerns sent the gold price charging to a two-week high overnight, which could be good news for the shares of Northern Star Resources Ltd (ASX: NST) and Saracen Mineral Holdings Limited (ASX: SAR) this morning. According to CNBC, the spot gold price climbed a further 1% to US$1,529.80 an ounce.


The Carsales.Com Ltd (ASX: CAR) share price could drop lower today after trading ex-dividend for its final fully franked 25 cents per share dividend. This will be paid to eligible shareholders on October 9. Elsewhere, Oil Search Limited (ASX: OSH) shareholders will be paid its 7.3 cents per share unfranked dividend later today.

More dividends.

If you're looking for dividend shares you can buy today, then look no further than these top dividend shares. With interest rates likely to stay at rock bottom for months (or YEARS) to come, income-minded investors have nowhere to turn... except dividend shares. That’s why The Motley Fool’s top analysts have just prepared a brand-new report, laying out their top 3 dividend bets for 2019.

Hint: These are 3 shares you’ve probably never come across before.

They’re not the banks. Not Woolies or Wesfarmers or any of the “usual suspects.”

We think these 3 shares offer solid growth prospects over the next 12 months. Each of these three companies boasts fully franked yields and could be a great fit for your diversified portfolio. You’ll discover all three names and codes in "The Motley Fool’s Top 3 Dividend Shares for 2019."

Even better, your copy is free when you click the link below. Fair warning: This report is brand new and may not be available forever. Click the link below to be among the first investors to get access to this timely, important new research!

The names of these top 3 dividend bets are all included. But you will have to hurry. Depending on demand – and how quickly the share prices of these companies move – we may be forced to remove this report.

Click here to claim your free copy right now!

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Limited and Webjet Ltd. 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.

FREE REPORT: Five Cheap and Good Stocks to Buy now…

Our Motley Fool experts have FREE report, detailing 5 dirt cheap shares that you can buy today.

One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

Another is a diversified conglomerate trading near a 52-week low all while offering a 2.7% fully franked yield…

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.