The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is expected to open in the black this morning following a positive session on Wall Street on Friday. The futures market is pointing to a 14-point rise at the open.
Here's a quick recap:
- FTSE 100 (UK): down 0.47%
- DAX (Germany): down 0.08%
- CAC 40 (France): flat
- Dow Jones (USA): up 0.39%
- NASDAQ (USA): up 0.61%
The Bellamy's Australia Ltd (ASX: BAL) share price will likely remain in a suspension from trading today, although there is hope they could resume trading sometime this week. The company is said to be mulling the idea of handing cash back to investors, according to The Australian Financial Review, after a shock decision by Chinese regulators to suspend a key licence of its newly acquired baby formula canning plant.
The AFR also suggested there is support for BHP Billiton Limited (ASX: BHP) to change its structure, which could even include a demerger of its petroleum division, which could draw some attention to the big miner today.
Iron ore traded 0.3% lower, according to The Metal Bulletin, while gold and oil prices rose roughly 1% each. That could provide some support for the share prices of businesses such as Northern Star Resources Ltd (ASX: NST), a gold miner, and Santos Ltd (ASX: STO), which operates in the energy space.
Meanwhile, the Domino's Pizza Enterprises Ltd. (ASX: DMP) share price could receive some attention. Domino's shares were among the best performers on the market last week, rising 9.6%, along with Automotive Holdings Group Ltd (ASX: AHG) and Harvey Norman Holdings Limited (ASX: HVN).
Qantas Airways Limited (ASX: QAN), on the other hand, slipped almost 6%, making it one of the market's worst performing shares over that period.
Before getting started on your day, be sure to check out these two articles: