The Myer Holdings Ltd (ASX: MYR) share price looks set to remain under the spotlight today. The retailer's share price soared on Monday afternoon after heavy purchasing of the shares. You can read about that here.
The broader market looks set to rise after yesterday's decline with the futures market pointing to a 16-point increase at the open.
Here's a quick recap:
- FTSE 100 (UK): down 0.59%
- DAX (Germany): down 0.57%
- CAC 40 (France): down 0.07%
- Dow Jones (USA): down 0.22%
- NASDAQ (USA): up 0.2%
In addition to Myer, the Ramsay Health Care Limited (ASX: RHC) share price could also receive some attention today after the company announced the appointment of a new CEO. Craig McNally, the company's current COO, will replace the outgoing Chris Rex who announced his planned retirement last month.
Macquarie Telecom Group Ltd. (ASX:MAQ) announced that Vocus Group Ltd (ASX: VOC) had sold its interest in MAQ shares, representing 16% of MAQ's issued share capital.
The iron ore price was pummelled again overnight, slipping 4.1% to US$81.57 a tonne, according to The Metal Bulletin. That could weigh on miners such as BHP Billiton Limited (ASX: BHP) and Fortescue Metals Group Limited (ASX: FMG).
And finally, shares of Harvey Norman Holdings Limited (ASX: HVN) will remain in the spotlight. The HVN share price dropped another 1.6% on Monday as investors continue to ponder questions regarding the retailer's recent accounts.
Before getting started on your day, be sure to check out these two articles:
