The S&P/ASX 200 (Index: ^AJXO) (ASX: XJO) is expected to trade lower today following soft leads from international markets overnight.
Here's a recap:
- Dow Jones (USA): down 1.14%
- NASDAQ (USA): down 1.47%
- FTSE 100 (UK): down 1.25%
- DAX (Germany): down 1.64%
In Europe, markets headed lower on fears of a Brexit (Britain exiting the Eurozone), and oil prices slumped after Saudi Arabia ruled out a production cut. FTSE-listed shares of BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) closed 6% and 1.5% lower, respectively.
In the US, uncertainty over the oil price led markets lower.
Closer to home, the Sydney Futures Exchange is tipping a 31-point, or 0.6%, fall in the S&P/ASX 200.
Shares in focus will include the many ASX companies reporting results today:
- Asciano Ltd's (ASX: AIO) half-year revenue fell 4.3%, with profit up 5.3%
- EBOS Group Ltd. (ASX: EBO) revenue rose 9%, while profit increased 19.6%
- Wesfarmers Ltd (ASX: WES) revenue increased 4.7% and profit lifted 1.2%
- Maca Ltd (ASX: MLD) revenue fell 34.8% and profit fell 64%
- Silver Lake Resources Limited. (ASX: SLR) reported half-year revenue growth of 25% and a profit of $198,000, up from a $14.7 million loss.
- RCG Corporation Limited (ASX: RCG) reported revenue growth of 348% and profit growth of 189%. However, RCG Corp shares entered a trading halt pending a capital raising.
- Vitaco Holdings Ltd (ASX: VIT) reported 38% revenue growth and a loss of $15.4 million.
- Melbourne IT Limited (ASX: MLB) reported full-year revenue growth of 20.5% and a profit of $5.6 million
- Pact Group Holdings Ltd (ASX: PGH) revealed half-year revenue growth of 8.4% and a flat profit result.
- Bega Cheese Ltd (ASX: BGA) reported 1.6% revenue growth and a 139% profit rise.
- IOOF Holdings Limited (ASX: IFL) chalked up 6% revenue growth and 118% profit growth.
- APA Group (ASX: APA) reported 41.7% revenue growth, but a 78.7% fall in profit.
- Flight Centre Travel Group Ltd (ASX: FLT) reported 15.1% revenue growth and 16.3% profit increase.
Finally, Telstra Corporation Ltd (ASX: TLS) Chair, Catherine Livingstone AO, will retire, and John Mullen has been named her successor.
