The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is poised to surge higher at the opening bell today following a strong lift in international markets overnight.
Here's a quick recap:
- FTSE 100 (UK): up 1.64%
- DAX (Germany): up 1.97%
- CAC 40 (France): up 2.1%
- Dow Jones (USA): up 1.46%
- NASDAQ (USA): up 1.35%
Investors will be watching the Telstra Corporation Ltd (ASX: TLS) share price today in the hope that it rebounds from its recent slump, which saw the shares hit their lowest price since 2013 during Wednesday's session.
There were plenty of other businesses whose share prices plunged on Wednesday, which could come into focus again today. They include Harvey Norman Holdings Limited (ASX: HVN), Spotless Group Holdings Ltd (ASX: SPO) and APN Outdoor Group Ltd (ASX: APO).
In particular, the Slater & Gordon Limited (ASX: SGH) share price was thrashed on Wednesday. In fact, its shares have more than halved in value since the beginning of the week. The embattled law firm is facing a very real threat to its existence with investors clearly growing increasingly uneasy holding its shares.
The Crown Resorts Ltd (ASX: CWN) share price also experienced a sharp decline on Wednesday, so keep an eye on that stock.
Elsewhere, Yowie Group Ltd (ASX: YOW) could receive some attention following a plunge in its own share price. One share is now fetching 42 cents which is its lowest price since 2014.
And finally, G8 Education Ltd (ASX: GEM) could receive some attention after it was announced that a number of its directors had acquired shares in the business.
Before getting started on your day, be sure to check out these two articles:
