The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears poised to rise this morning, following a mostly positive session for international equity markets to close out last week. The futures market is pointing to a 14-point increase at the open.
Here's a quick recap:
- FTSE 100 (UK): up 0.68%
- DAX (Germany): up 0.98%
- CAC 40 (France): up 0.68%
- Dow Jones (USA): up 0.11%
- NASDAQ (USA): up 0.66%
The Galaxy Resources Limited (ASX: GXY) share price and Mayne Pharma Group Ltd (ASX: MYX) share price could remain in focus today.
According to The Australian Financial Review, Galaxy was the best-performing stock from the ASX 200 cohort over the past quarter, rising 57%. Mayne Pharma, on the other hand, was among its worst, sliding more than 39%.
Some of Australia's technology shares could be on the market's agenda today, too, after the tech-heavy NASDAQ index bounced on Friday night. That could include shares such as WiseTech Global Ltd (ASX: WTC) and Altium Limited (ASX: ALU).
However, resources shares could be on the nose today. Gold and Brent oil both slid 0.6%, which could weigh on shares such as Newcrest Mining Limited (ASX: NCM) and Santos Ltd (ASX: STO). The iron ore price also fell another 1.3% to US$62.05 a tonne, according to The Metal Bulletin, which could hurt shares of Fortescue Metals Group Limited (ASX: FMG).
