The S&P/ASX 200 (Index: ^AJXO) (ASX: XJO) is expected to trade higher today following mostly positive leads from international markets overnight.
Here's a recap:
- Dow Jones (USA): up 1.59%
- NASDAQ (USA): up 2.21%
- FTSE 100 (UK): up 2.87%
- DAX (Germany): up 2.65%
In Europe, a rally in oil prices saw gains in resources shares lead markets higher. FTSE-listed shares of BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) rose 0.62% and 2.18%, respectively.
It was a similar theme on US markets, with markets being led higher by gains in oil and positive earnings reports. Twitter Inc shares were a standout, rising 6.7%.
Closer to home, the Sydney Futures Exchange is tipping a 66-point, or 1.3%, rise in the S&P/ASX 200.
Shares of Telstra Corporation Ltd (ASX: TLS) will be in focus. This morning, the telco heavyweight revealed a 7.6% rise in revenue and 0.4% increase in profit for its most recent half year. Also, it declared a 15.5 cents per share fully franked interim dividend.
Webjet Limited (ASX: WEB) reported a 27% jump in revenue and 17% increase in profit for its half-year to 31 December 2015.
Spark New Zealand Ltd (ASX: SPK) saw its revenue and profit fall 4.1% and rise 9%, respectively.
Nuplex Industries Ltd (ASX: NPX) increased revenue 2.1% but reported a 32% fall in profit.
AMP Limited's (ASX: AMP) full-year revenue fell 20% yet the wealth management business raised profit 10%.
Sydney Airport Holdings Ltd (ASX: SYD) upped its full-year revenue 5.6% with profit up 378.8%.
Finally, Estia Health Ltd (ASX: EHE) reported a 57.6% increase in revenue and 151% rise in profit for its half-year to 31 December 2015.
