The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears set to retreat today following a rather disappointing session for international equity markets to end last week.
Here's a quick recap:
- FTSE 100 (UK): down 0.47%
- DAX (Germany): down 1.66%
- CAC 40 (France): down 1.6%
- Dow Jones (USA): down 0.15%
- NASDAQ (USA): down 0.04%
The Westpac Banking Corp (ASX: WBC) share price could receive some attention after the bank said it had entered into exclusive discussions with Charter Hall Group (ASX: CHC) regarding Westpac's proposed sale of Hastings Management. Hastings is a global infrastructure real assets business with funds under management of around $14.3 billion.
Shares in the energy and iron ore spaces could come under pressure today after oil and iron ore prices both fell. Iron ore was down 1.3%, according to The Metal Bulletin, while oil was down 2.5%, which could weigh on the BHP Billiton Limited (ASX: BHP) share price.
Shares such as Northern Star Resources Ltd (ASX: NST), on the other hand, could find some support after the gold price jumped 0.8%.
Other shares that could receive some attention today include Aurizon Holdings Ltd (ASX: AZJ) REA Group Ltd (ASX: REA) and CSR Ltd (ASX: CSR). These three shares experienced strong moves on Friday which could put them back in the spotlight with investors today.
Before getting started on your day, be sure to check out these two articles:
