The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is expected to fall close to 0.8% at the opening bell today, reversing yesterday's gains following a rough night for international markets.
Here's a quick recap:
- FTSE 100 (UK): down 0.28%
- DAX (Germany): down 0.35%
- CAC 40 (France): down 0.72%
- Dow Jones (USA): down 0.60%
- NASDAQ (USA): down 0.50%
APN Outdoor Group Ltd (ASX: APO) and oOh!Media Ltd (ASX: OML) will likely receive more attention today after the pair announced a merger on Wednesday. Both share prices rose substantially.
Miners BHP Billiton Limited (ASX: BHP), Fortescue Metals Group Limited (ASX: FMG) and Rio Tinto Limited (ASX: RIO) could come under some pressure after the iron ore price slumped more than 5% overnight.
Energy producers Oil Search Limited (ASX: OSH) and Woodside Petroleum Limited (ASX: WPL) could also be impacted with oil prices slipping as well.
Speaking of energy producers, Santos Ltd (ASX: STO) announced a $1.5 billion capital raising after the market closed on Wednesday, which is sure to capture some attention.
Meanwhile, Orora Ltd (ASX: ORA) announced the acquisition of The Register Print Group for US$44 million (AU$59 million) this morning.
Telecommunications business TPG Telecom Ltd (ASX: TPM) announced it has won a new Singapore contract.
And finally, TEGEL GRP FPX NZX (ASX: TGH), or Tegel, reported its first-half results today. Revenue grew 4% despite a 6.9% increase in volume. The results could also impact shares of the recently listed Inghams Group Ltd (ASX: ING).
