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5 things to watch on the ASX 200 on Monday

On Friday the S&P/ASX 200 Index (ASX: XJO) followed the lead of international markets and dropped notably lower. The benchmark index fell 1.9% to 5,847.8 points.

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

ASX 200 to rebound.

The ASX 200 looks set to rebound on Monday after a solid finish to the week in the United States. According to the latest SPI futures, the benchmark index is expected to open the week 24 points or 0.4% higher this morning. On Wall Street the Dow Jones jumped 1.9%, the S&P 500 stormed 1.3% higher, and the Nasdaq index rose 1%.

Oil prices mixed.

Energy producers including Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) will be on watch after a mixed end to the week for oil prices. According to Bloomberg, the WTI crude oil price fell 0.2% to US$36.26 a barrel and the Brent crude oil price rose 0.5% to US$38.73 a barrel. This meant oil prices ended their six-week winning streak.

Healius sells medical centres.

The Healius Ltd (ASX: HLS) share price could be on the move today amid speculation that the healthcare company has agreed a deal to sell its medical centres. The company is believed to have agreed a fee of $500 million with BGH Capital for the assets.

Gold price edges lower.

Gold miners including Newcrest Mining Limited (ASX: NCM) and Northern Star Resources Ltd (ASX: NST) will be on watch after the gold price edged lower on Friday. According to CNBC, the spot gold price fell 0.15% to US$1,737.30 an ounce.

Auction rates improve.

Domain Holdings Australia Ltd (ASX: DHG) and REA Group Limited (ASX: REA) shares could be on the move today after Sydney and Melbourne auction clearance rates improved. According to Domain, 69.5% of Sydney home taken to auction last week were sold. Whereas in the Melbourne market, 57% of properties that went to auction were sold.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has recommended REA Group Limited. 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.

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