5 shares you need to watch on Wednesday

The Retail Food Group (ASX:SUL) share price will receive some attention today

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The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) looks set to rise strongly at the opening bell this morning with the futures market pointing to a 42-point gain.

Here's a quick recap:

  • FTSE 100 (UK): up 0.77%
  • DAX (Germany): up 0.45%
  • CAC 40 (France): up 0.65%
  • Dow Jones (USA): up 0.47%
  • NASDAQ (USA): up 0.02%

The resources space could receive some attention today after the iron ore price rose 2.4% and oil rose 3.3%. That could help to support shares of businesses such as BHP Billiton Limited (ASX: BHP) and Santos Ltd (ASX: STO).

The Super Retail Group Ltd (ASX: SUL) share price could be in focus again, as well. The shares rose as much as 5.8% during yesterday's session after the company announced that it would convert its network of Amart Sports stores into new Rebel stores by 31 October 2017. The shares ended the session 2.3% higher.

Bapcor Ltd (ASX: BAP) has released an update in the optimisation benefits the company expects to achieve from its acquisition Hellaby Holdings. And Retail Food Group Limited (ASX: RFG) announced it has established joint ventures to secure Middle East expansion, which will likely draw some attention to the business today.

Motley Fool contributor Ryan Newman owns shares of Bapcor. The Motley Fool Australia owns shares of Bapcor, Retail Food Group Limited, and Super Retail Group Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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