5 things to watch on the ASX 200 on Friday

Will the market finish the week on a high? Let's find out.

A man looking at his laptop and thinking.

Image source: Getty Images

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

On Thursday, the S&P/ASX 200 Index (ASX: XJO) had a positive session and edged higher. The benchmark index rose 0.15% to 8,474.9 points.

Will the market be able to build on this on Friday and end the week on a high? Here are five things to watch:

ASX 200 expected to fall

The Australian share market looks set for a subdued session on Friday after a poor night of trade in the United States. According to the latest SPI futures, the ASX 200 is expected to open 7 points or 0.1% lower this morning. In late trade on Wall Street, the Dow Jones is down 0.35%, the S&P 500 is down slightly, and the Nasdaq is flat.

Oil prices edge higher

ASX 200 energy shares such as Beach Energy Ltd (ASX: BPT) and Karoon Energy Ltd (ASX: KAR) could have a relatively positive finish to the week after oil prices edged higher overnight. According to Bloomberg, the WTI crude oil price is up 0.1% to US$68.58 a barrel and the Brent crude oil price is up 0.1% to US$72.37 a barrel. This follows news that OPEC+ plans to delay its production increases.

Collins Foods goes ex-dividend

Collins Foods Ltd (ASX: CKF) shares are scheduled to go ex-dividend this morning and could trade lower. Earlier this week, the KFC restaurant operator released its half year results and reported a 1.2% increase in revenue to $703.5 million and a 23.8% decline in underlying net profit after tax to $23.7 million. This led to the company's board cutting its fully franked interim by 12% to 11 cents per share. This dividend will be paid to eligible shareholders in one month on 6 January.

Gold price tumbles

ASX 200 gold shares including Evolution Mining Ltd (ASX: EVN) and Northern Star Resources Ltd (ASX: NST) could have a poor session after the gold price dropped into the red overnight. According to CNBC, the gold futures price is down 0.85% to US$2,653.8 an ounce. Higher bond yields put pressure on the precious metal overnight.

Buy Perpetual shares

Perpetual Ltd (ASX: PPT) shares are a buy according to analysts at Bell Potter. This morning, the broker has reaffirmed its buy rating and $24.76 price target on the fund manager's shares. It said: " We reiterate our BUY on PPT for three reasons. Firstly, an imminent tax ruling [on the demerger] is likely to be positive, but no tax ruling might not be bad news. Secondly, reducing the cost base and clarity about costs should start to see forecasts rising. Thirdly, the recent share price movements (following the Chris Kourtis presentation) highlight the upside from a small positive change in sentiment."

Should you invest $1,000 in Telstra Corporation Limited right now?

Before you buy Telstra Corporation Limited shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Telstra Corporation Limited wasn't one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys...

See The 5 Stocks *Returns as of 30 April 2025

Motley Fool contributor James Mickleboro has positions in Collins Foods. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Collins Foods. 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 man in a blue collared shirt sits at his desk doing a single fist pump as he watches the Appen share price rise on his laptop
Broker Notes

These ASX 200 stocks could rise 30% to 40%

Analysts are tipping these shares to go to the moon. Let's find out why.

Read more »

A man and woman dance back to back as they cook in kitchen.
Share Market News

ASX 200 'safe-haven' shares delivered divergent performances last week

ASX 200 utilities shares lifted while healthcare shares tanked last week.

Read more »

A businessman looking at his digital tablet or strategy planning in hotel conference lobby. He is happy at achieving financial goals.
Broker Notes

Top brokers name 3 ASX shares to buy next week

Brokers gave buy ratings to these ASX shares last week. Why are they bullish?

Read more »

A businessman hugs his computer and smiles.
Opinions

2 ASX 300 shares I plan to own forever

Both of these businesses have good ultra-long-term outlooks.

Read more »

Businessman using a digital tablet with a graphical chart, symbolising the stock market.
Share Market News

$10,000 invested in the ASX 200 5 years ago is now worth…

Guess how much $10,000 invested in the ASX 200 five years ago is worth today!

Read more »

Retired couple hugging and laughing.
Share Market News

Eyeing retirement: Do you really need $1 million?

AustralianSuper recently weighed in.

Read more »

Happy woman working on a laptop.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a pleasant end to the trading week for investors this Friday.

Read more »

Close-up of a business man's hand stacking gold coins into piles on a desktop.
Opinions

If I had a big cash pile like Warren Buffett, here's how I'd spend it in 2025

I'd put Buffett's billions to work straight away.

Read more »