The Sydney Futures Exchange is pointing to a small gain when the market opens this morning, following the lead set by international equity markets overnight.
Here's a quick recap:
- FTSE 100 (UK): up 0.62%
- DAX (Germany): up 0.27%
- CAC 40 (France): up 0.41%
- Dow Jones (USA): up 0.35%
- NASDAQ (USA): up 0.33%
Mining giants BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) rose strongly in London overnight, supported by a blistering iron ore rally. Their local shares already rose strongly on Tuesday but more gains could be in store.
Gold lost some of its steam, falling to US$1,212 an ounce. That could weigh on businesses such as St Barbara Ltd (ASX: SBM) and Newcrest Mining Limited (ASX: NCM).
Beverage giant Coca-Cola Amatil Ltd (ASX: CCL) could receive some attention today following more calls for a tax on sugary drinks, which are the business's specialty.
Estia Health Ltd (ASX: EHE) will hold its annual general meeting in Melbourne today. If it releases a trading update that could have repercussions for rivals Japara Healthcare Ltd (ASX: JHC) and Regis Healthcare Ltd (ASX: REG) as well.
Technology business, Technology One Limited (ASX: TNE) skyrocketed on Tuesday off the back of an earnings beat. Myer Holdings Ltd (ASX: MYR) also performed strongly with the pair likely to receive some attention from investors as a result.
