ASX 200 to rebound on Wednesday: 6 shares you need to watch today

OFX Group Ltd (ASX:OFX) has provided a trading update for investors

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The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) will look to defy a trend set by international markets when it opens today, with the futures market pointing to a 20-point rise.

Here's a quick recap:

  • FTSE 100 (UK): down 0.27%
  • DAX (Germany): down 1.25%
  • CAC 40 (France): down 0.75%
  • Dow Jones (USA): down 0.54%
  • NASDAQ (USA): up 0.02%

Money transfer business OFX Group Ltd (ASX: OFX) has announced the appointment of its new CEO, Mr John Malcom, while also providing a trading update. It said that, against expectations, it endured a further decline in average transaction volumes from individual customer transactions originating in the UK.

GBST Holdings Limited (ASX: GBT) said it had experienced project delays during the first-half and deferred spending in the UK, which is the company's largest international market. It expects earnings before interest, tax, depreciation and amortisation (EBITDA) of around $8 million for the first half, and just $12 million for the full year.

Auckland International Airport Ltd (ASX: AIA) will likely receive some attention today after the infrastructure business reported its December traffic numbers. Its domestic passengers increased by 10.9% year-on-year.

Manufacturing business GUD Holdings Limited (ASX: GUD) reported a 1% decline in revenue for the first-half due to divestments, but a 10% increase in its Automotive division. Underlying net profit after tax (NPAT) rose 26% compared to the prior corresponding period.

Meanwhile, gold miners such as St Barbara Ltd (ASX: SBM) and EVOLUTION FPO (ASX: EVN) could be in for a good day today after the gold price soared to US$1,214 an ounce.

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

  1. 3 stocks I want to buy before earnings season
  2. This is how to NOT run out of money in retirement
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.

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