ASX 200 to fall on Monday: 6 shares you need to watch today

Servcorp Limited (ASX:SRV) has downgraded its earnings guidance

| More on:
a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) looks set to open slightly lower this morning ahead of the start of reporting season this week. Many other equity markets around the world ended their latest sessions in the red as well.

Here's a quick recap:

  • FTSE 100 (UK): up 0.32%
  • DAX (Germany): down 0.29%
  • CAC 40 (France): down 0.56%
  • Dow Jones (USA): down 0.04%
  • NASDAQ (USA): up 0.1%

Servcorp Limited (ASX: SRV) looks set to be in the market's bad-books today. In an update to the market, it said it now expects full-year net profit before tax (NPBT) to be around $47 million, compared to previous guidance of not less than $56 million.

Gold miner Newcrest Mining Limited (ASX: NCM) released its December quarterly report as well, revealing gold production of 615,000 ounces for the quarter. Its all-in sustaining cost decreased 4.9% for the quarter.

Sonic Healthcare Limited (ASX: SHL) announced the acquisition of Medical Laboratory Bremen, which is reportedly a well-known and highly respected laboratory practice in Germany. The company, which cost 63 million euro ($89.4 million) has 30 million euro ($42.6 million) of revenue and employs approximately 275 staff.

Shares of Liquefied Natural Gas Ltd (ASX: LNG) have been particularly volatile recently. The shares will be back in focus again today after it announced its subsidiary Magnolia LNG had further extended the validity period of the engineering, procurement and construction (EPC) contract with KSJV. It also released its quarterly results.

Adslot Ltd (ASX: ADJ) reported that its trading technology revenue growth had continued and accelerated. Revenue for the December quarter grew to $1.464 million, an increase of 16% compared to the prior quarter. It was the ninth consecutive quarter of growth.

And finally, energy business Senex Energy Ltd (ASX: SXY) has placed its shares in a trading halt pending an announcement from the group.

Before getting started on your day, it may also be worth checking out these two articles:

  1. Forget the banks and buy these 6 high-yielding dividend shares instead
  2. This Is The Best Way To Value A Company
Motley Fool contributor Ryan Newman has no position in any stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on ⏸️ Investing

A white and black robot in the form of a human being stands in front of a green graphic holding a laptop and discussing robotics and automation ASX shares
Technology Shares

Joining the revolution: How I'd invest in ASX AI shares right now

Advances in artificial intelligence (AI) could usher in a new industrial revolution. Here’s how you can invest in it.

Read more »

Close up of baby looking puzzled
Retail Shares

What has happened to the Baby Bunting (ASX:BBN) share price this year?

It's been a volatile year so far for the Aussie nursery retailer. We take a closer look

Read more »

woman holds sign saying 'we need change' at climate change protest
ETFs

3 ASX ETFs that invest in companies fighting climate change

If you want to shift some of your investments into more ethical companies, exchange-traded funds can offer a good option

Read more »

a jewellery store attendant stands at a cabinet displaying opulent necklaces and earrings featuring diamonds and precious stones.
⏸️ Investing

The Michael Hill (ASX: MHJ) share price poised for growth

Investors will be keeping an eye on the Michael Hill International Limited (ASX: MHJ) share price today. The keen interest…

Read more »

ASX shares buy unstoppable asx share price represented by man in superman cape pointing skyward
⏸️ Investing

The Atomos (ASX:AMS) share price is up 15% in a week

The Atomos (ASX: AMS) share price has surged 15% this week. Let's look at what's ahead as the company build…

Read more »

Two people in suits arm wrestle on a black and white chess board.
Retail Shares

How does the Temple & Webster (ASX:TPW) share price stack up against Nick Scali (ASX:NCK)?

How does the Temple & Webster (ASX: TPW) share price stack up against rival furniture retailer Nick Scali Limited (ASX:…

Read more »

A medical researcher works on a bichip, indicating share price movement in ASX tech companies
Healthcare Shares

The Aroa (ASX:ARX) share price has surged 60% since its IPO

The Aroa (ASX:ARX) share price has surged 60% since the Polynovo (ASX: PNV) competitor listed on the ASX in July.…

Read more »

asx investor daydreaming about US shares
⏸️ How to Invest

How to buy US shares from Australia right now

If you have been wondering how to buy US shares from Australia to gain exposure from the highly topical market,…

Read more »