On Friday, the S&P/ASX 200 Index (ASX: XJO) finished the week in a positive fashion. The benchmark index rose 0.6% to 9,092.3 points.
Will the market be able to build on this on Monday? Here are five things to watch:
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ASX 200 expected to fall
The Australian share market looks set for a poor start to the week following a subdued session on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to open the day 37 points or 0.4% lower. In the United States, the Dow Jones edged slightly lower, the S&P 500 fell 0.25%, and the Nasdaq dropped 0.5%.
Oil prices ease
It could be a subdued start to the week for ASX 200 energy shares Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) after oil prices eased on Friday night. According to Bloomberg, the WTI crude oil price was down 0.15% to US$83.40 a barrel and the Brent crude oil price was down 0.45% to US$88.10 a barrel. This was driven by news of some crude flows through the Strait of Hormuz.
Buy 4DMedical shares
4DMedical Ltd (ASX: 4DX) shares could be in the buy zone according to Bell Potter. This morning, in response to the healthcare technology company's results, the broker has retained its speculative buy rating and $6.00 price target. It said: "4DX enters FY27 with good momentum at large hospital groups in the US. We expect on going revenue traction throughout the course of the year. Maintain Buy (Speculative) rating."
Gold price sinks
It looks likely to be a poor start to the week for ASX 200 gold shares Capricorn Metals Ltd (ASX: CMM) and Northern Star Resources Ltd (ASX: NST) after the gold price sank on Friday night. According to CNBC, the gold futures price was down 2.9% to US$4,529.9 an ounce. Traders were selling gold in response to increasing US rate hike bets.
ASX 200 shares going ex-dividend
A number of ASX 200 shares are going ex-dividend this morning and could trade lower. Among them are health and safety products company Ansell Ltd (ASX: ANN), mineral sands company Iluka Resources Ltd (ASX: ILU), investment management company Pinnacle Investment Management Group Ltd (ASX: PNI), and rail freight company Aurizon Holdings Ltd (ASX: AZJ). The latter will be paying a 10.5 cents per share dividend to shareholders next month on 23 September.
