The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is expected to continue to rally today following yesterday's strong rise, led by the major banks.
Here's a quick recap:
- FTSE 100 (UK): up 0.55%
- DAX (Germany): up 0.17%
- CAC 40 (France): up 0.83%
- Dow Jones (USA): up 0.31%
- NASDAQ (USA): up 0.64%
The Santos Ltd (ASX: STO) share price could receive some attention today after the energy producer released its second-quarter activities report. The company reduced its net debt to US$2.9 billion at the end of the quarter, down from US$3.5 billion at the end of 2016.
The Objective Corporation Limited (ASX: OCL) share price could also be in focus after it released a new profit guidance. The company expects revenue of around $62 million, up about 25% year-over-year, while earnings per share is tipped to grow 55% to 9 cents per share.
Ansell Limited (ASX: ANN) also launched a "transformation program" following the divestment of its sexual wellness business. This will include a cash investment of US$70 million to US$100 million over a three-year period, in addition to US$20 million to US$30 million in non-cash asset write downs.
The Bellamy's Australia Ltd (ASX: BAL) share price will also be a hot topic. The company is due to return to normal trading conditions today after its newly acquired canning facility lost a key licence.
Gold miners such as Evolution Mining Ltd (ASX: EVN) and Northern Star Resources Ltd (ASX: NST) could receive more attention today, as well. Many of the gold miners have been pounded recently, partially as a result of the rising Australian dollar.
And the big banks could be in focus again after soaring on Wednesday. The Australia and New Zealand Banking Group (ASX: ANZ) share price, Commonwealth Bank of Australia (ASX: CBA) share price, National Australia Bank Ltd. (ASX: NAB) share price and Westpac Banking Corp (ASX: WBC) share price all soared 3% or more on Wednesday.
Before getting started on your day, be sure to check out these two articles:
