The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears set to rise this morning off the back of a mostly strong session for international markets on Friday. The futures market is pointing to a 29-point gain at the open.
Here's a quick recap:
- FTSE 100 (UK): up 0.57%
- DAX (Germany): up 0.27%
- CAC 40 (France): down 0.15%
- Dow Jones (USA): up 0.58%
- NASDAQ (USA): up 1.17%
The Aconex Ltd (ASX: ACX) share price will be in focus today after the company said it unanimously recommends an acquisition proposal by Oracle. The proposed deal is for $7.80 per share which represents a 47% premium to the last Aconex closing price of $5.29.
The Retail Food Group Limited (ASX: RFG) share price could also remain in focus after The Sydney Morning Herald released 'part three' of its investigation into the business, claiming 'underpayment is rife' within the business.
Kogan.com Ltd (ASX: KGN) announced it would distribute and promote pet insurance after partnering with PetSure, which is a wholly owned subsidiary of The Hollard Insurance Company.
And Transurban Group (ASX: TCL) and REA Group Limited (ASX: REA) could remain in focus after both shares rose on Friday. The pair gained 4.2% and 3% respectively.