The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears set to continue its rise today with the futures market pointing to a 12-point increase at the open. The market is already sitting above 5,800 points with hopes it can continue its rally.
Here's a quick recap:
- FTSE 100 (UK): down 0.28%
- DAX (Germany): up 0.07%
- CAC 40 (France): down 0.17%
- Dow Jones (USA): up 0.13%
- NASDAQ (USA): up 0.22%
The Catapult Group International Ltd (ASX: CAT) share price rocketed 14% on Friday which could draw more attention to the company's shares today.
The same can be said for the IPH Ltd (ASX: IPH) share price, which soared 15.2% over the past week, and Blackmores Limited (ASX: BKL) which gained 13.8%.
The Thorn Group Ltd (ASX: TGA) share price will come into focus after the company released a new profit guidance this morning. After warning shareholders that the outlook for the year ending 31 March 2018 would be subdued, it today said that a decline in trading conditions will likely see its half-year earnings be about $11 million. It also expects full-year earnings to be between $17 million and $20 million, implying a weaker second half.
Medical Developments International Ltd (ASX: MVP) could come under pressure after it announced that its chairman had sold 4.35 million shares at $5.40, worth around $23.5 million. Mr David Williams said he sold the shares to "Make room for two large European Institutional investors" and he remains a key shareholder.
