The S&P/ASX 200 (Index: ^AJXO) (ASX: XJO) is expected to trade higher today following mixed leads from international markets overnight.
Here's a recap:
- Dow Jones (USA): up 0.32%
- NASDAQ (USA): up 0.87%
- FTSE 100 (UK): down 1.6%
- DAX (Germany): down 2.64%
In Europe, falls in oil prices and major commodities saw resource companies lead markets lower. FTSE-listed shares of BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) plunged 8.4% and 5.7%, respectively.
In the US, oil prices and soft service sector data weighed on financial shares, but markets ended slightly higher.
Closer to home, the Sydney Futures Exchange is tipping a 31-point, or 0.6%, rise in the S&P ASX 200.
Shares in focus on the market today will include ThinkSmart Limited (ASX: TSM). This morning, the company reported a 19% jump in revenue and 18% increase in profit for its most recent half year.
Meanwhile, Western Areas Ltd (ASX: WSA) revealed a 36% fall in revenue and 172% drop in profit for the half-year period to 31 December 2015. iCar Asia Ltd (ASX: ICQ) reported a 123% jump in revenue and a loss of $12.4 million.
Costa Group Holdings Ltd (ASX: CGC) reported a 13% increase in revenue and 110% jump in profit. Decmil Group Limited (ASX: DCG) revealed a 57% fall in revenue and 325% fall in profit for its most recent half-year reported period.
Sandfire Resources NL's (ASX: SFR) half-year revenue fell 13% and profit fell 47%, while Breville Group Ltd (ASX: BRG) reported a 12.7% jump in revenue and 4% rise in profit.
Myob Group Ltd (ASX: MYO) revealed a 14% jump in full-year revenue but a loss of $42 million. Surfstitch Group Ltd's (ASX: SRF) revenue grew 8.6%, but profit fell to just $368,000.
Finally, iSelect Ltd (ASX: ISU) revenue rose 1%, but it reported a loss of $4.1 million.
