5 things to watch on the ASX 200 next week

Harvey Norman Holdings Limited (ASX:HVN) and WiseTech Global Ltd (ASX:WTC) shares will be on watch on the ASX 200 next week…

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

It was another great week for the S&P/ASX 200 Index (ASX: XJO) last week.

The benchmark index continued its positive run and climbed 2.1% to end the period at 6,539.2 points.

Another busy week awaits investors next week. Here are five things to watch:

Investor sitting in front of multiple screens watching share prices

Image source: Getty Images

ASX 200 futures pointing higher.

The Australian share market looks set to start the week on a positive note despite a subdued night of trade on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to rise 34 points at the open tomorrow. On Friday the Dow Jones fell 0.75%, the S&P 500 dropped 0.7%, and the Nasdaq fell 0.4%. Rising COVID-19 cases in the United States weighed on investor sentiment.

Fisher & Paykel Healthcare result.

The Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) share price will be in focus on Wednesday when it hands in its half year results. The medical device company is widely expected to deliver strong first half growth due to robust demand for ventilators during the pandemic. In August the company provided full year guidance for operating revenue of approximately NZ$1.61 billion and net profit after tax of NZ$365 million to NZ$385 million. Investors may be hoping this guidance is upgraded on Wednesday.

Harvey Norman AGM update.

Also on watch on Wednesday will be the Harvey Norman Holdings Limited (ASX: HVN) share price. It is holding its annual general meeting that day and traditionally provides the market with a sales update at the event. Expectations are high for the retailer after its rival JB Hi-Fi Limited (ASX: JBH) delivered a strong update at its meeting last month.

WiseTech Global AGM.

The WiseTech Global Ltd (ASX: WTC) share price could be on the move on Thursday when it holds its annual general meeting. The logistics solutions company is likely to provide investors with an update on current trading and its expectations for the full year. In August, WiseTech provided FY 2021 guidance for revenue growth in the range of 9% to 19% (representing revenue of $470 million to $510 million) and EBITDA growth of 22% to 42% (representing EBITDA of $155 million to $180 million).

Other annual general meetings of note.

As well as the aforementioned meetings, there are a good number of other companies holding their own events this week. This includes healthcare technology company Pro Medicus Limited (ASX: PME), infection prevention company Nanosonics Ltd (ASX: NAN), gold miner Northern Star Resources Ltd (ASX: NST), and private hospital operator Ramsay Health Care Limited (ASX: RHC).

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of Nanosonics Limited. The Motley Fool Australia owns shares of WiseTech Global. The Motley Fool Australia has recommended Nanosonics Limited and Ramsay Health Care 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 Scott Phillips.

More on Share Market News

A young man pointing up looking amazed, indicating a surging share price movement for an ASX company
Record Highs

Up nearly 300% in a year, this ASX stock just hit another record high

SKS shares climb again, pushing to fresh new highs after months of gains.

Read more »

Three smiling corporate people examine a model of a new building complex.
Broker Notes

Leading brokers name 3 ASX shares to buy today

Here's why brokers believe that now could be the time to buy these shares.

Read more »

A man sits in despair at his computer with his hands either side of his head, staring into the screen with a pained and anguished look on his face, in a home office setting.
Share Fallers

Why Monash IVF, NAB, Viva Energy, and Worley shares are falling today

These shares are starting the week in the red. But why?

Read more »

Sell buy and hold on a digital screen with a man pointing at the sell square.
Broker Notes

Up 130% in a year, are Lynas Rare Earths shares still a good buy today?

Lynas Rare Earths shares have more than doubled ASX investors’ money in a year. Is there still time to buy?

Read more »

Ecstatic woman looking at her phone outside with her fist pumped.
Share Gainers

Why Navigator Global, St Barbara, Vulcan Energy, and Zip shares are racing higher today

These shares are starting the week in a positive fashion. But why?

Read more »

Woman chooses vegetables for dinner, smiling and looking at camera.
Broker Notes

3 reasons to buy Coles shares today

A leading analyst expects Coles shares are well-placed to outperform. But why?

Read more »

A group of young ASX investors sitting around a laptop with an older lady standing behind them explaining how investing works.
Share Market News

Why NextDC, Viva Energy and NAB shares are catching investor interest on Monday

Why is everyone is talking about NextDC, NAB, and Viva Energy shares today?

Read more »

A businesswoman pulls her glasses down in shock to look at the bad news on her computer.
Broker Notes

Why did Morgans just lower its outlook on Collins Food and Pro Medicus shares?

Despite lowering its guidance, these stocks remain undervalued according to at least one expert.

Read more »