Insights

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…
The post 5 things to watch on the ASX 200 next week appeared first on Motley Fool Australia. –

Investor sitting in front of multiple screens watching share prices

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:

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).

Where to invest $1,000 right now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

See The 5 Stocks

*Returns as of June 30th

More reading

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.

The post 5 things to watch on the ASX 200 next week appeared first on Motley Fool Australia.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!