5 shares you need to watch on Wednesday

The Catapult Group (ASX:CAT) share price soared on Tuesday

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The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears set to rise again this morning following yesterday's 3-point jump. As it stands, the futures market is pointing to a 15-point increase which would put the main bourse back above 5,900 points.

Here's a quick recap:

  • FTSE 100 (UK): up 0.03%
  • DAX (Germany): up 0.08%
  • CAC 40 (France): up 0.15%
  • Dow Jones (USA): up 0.72%
  • NASDAQ (USA): up 0.18%

The Japara Healthcare Ltd (ASX: JHC) share price could remain in focus today after the company's shares rallied 7.5% on Tuesday. It appears the rally was inspired by Moelis Australia which acquired a 9.96% interest in the business.

The Catapult Group International Ltd (ASX: CAT) share price could also receive more attention. The company provided a first-quarter update during yesterday's session that revealed a 23% increase in group cash receipts which led to an 11% increase in its share price.

A number of businesses will also be holding their annual general meetings today, which could draw some attention to their share prices. Among those companies are Codan Limited (ASX: CDA), which has risen 17.8% since the beginning of the year, and Whitehaven Coal Ltd (ASX: WHC).

And finally, Asaleo Care Ltd (ASX: AHY) could remain in the spotlight today. The shares fell more than 8% on Tuesday, a move that can possibly be attributed to Credit Suisse cutting its target price on the shares by 8.8% and dropping its rating from 'outperform' to 'neutral'.

Motley Fool contributor Ryan Newman has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of Catapult Group. 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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