市场见解

5 things to watch on the ASX 200 on Friday

The ASX 200 looks set to end the week on a positive note…
The post 5 things to watch on the ASX 200 on Friday appeared first on The Motley Fool Australia. –

On Thursday the S&P/ASX 200 Index (ASX: XJO) started the new financial year in a disappointing fashion. The benchmark index fell 0.6% to 7,265.6 points.

Will the market be able to bounce back from this on Friday? Here are five things to watch:

ASX 200 expected to rebound

The Australian share market looks set to end the week on a positive note. According to the latest SPI futures, the ASX 200 is expected to open the day 31 points or 0.4% higher this morning. This follows a solid night on Wall Street which saw the Dow Jones rise 0.4%, the S&P 500 climb 0.5%, and the Nasdaq push 0.1% higher.

Oil prices storm higher

Energy producers including 桑托斯集团 (ASX: STO) and 能源 - 伍塞德石油 (ASX: WPL) could have a strong day after oil prices stormed higher overnight. According to Bloomberg, the WTI crude oil price is up 2% to US$74.96 a barrel and the Brent crude oil price is up 1.2% to US$75.51 a barrel. Demand hopes have driven oil prices to three-year highs.

IDP Education acquisition

The IDP Education Ltd (ASX: IEL) share price will be one to watch on Friday after announcing a new acquisition. The language testing company has entered into a binding agreement to acquire 100% of the British Council’s Indian International English Language Testing System (BC IELTS India) operations for 130 million pounds on a debt free, cash free basis. The company will fund the acquisition from existing cash and debt. Post transaction, IDP Education will be the sole distributor of IELTS in the key Indian market.

Lendlease remains a buy

The Lendlease Group (ASX: LLC) share price is still in the buy zone for Goldman Sachs despite its guidance downgrade. According to a note, the broker has retained its conviction buy rating but trimmed its price target to $15.53. It said: “Although LLC now expects to fall well short of consensus and GS expectations for FY21E, today’s market update provided confirmation that investor demand for its urban renewal development product remains strong.”

Gold price rises

Gold miners Newcrest Mining Ltd (ASX: NCM) and St Barbara Ltd (ASX: SBM) could end the week on a high after the gold price pushed higher. According to CNBC, the spot gold price is up 0.3% to US$1,776.70 an ounce. Traders were buying the precious metal amid concerns over the Delta variant of COVID-19.

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

Wondering where you should 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 could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of May 24th 2021

More reading

ASX 200 drops, Zip rises, Cettire up

The 5 worst performing shares of the ASX 200 in FY21 revealed

Here are the 3 most traded ASX 200 shares on the market today

IDP Education (ASX:IEL) share price on watch after announcing major acquisition
Why Lendlease, Marley Spoon, Reece, & Woolworths shares are sinking

Motley Fool contributor 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 and has recommended Idp Education Pty Ltd. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

随时随地,交易世界!

移动APP平台,拥有 12 个市场的 50,000 多种全球上市证券(全球市值超过 70%),直接在您的 Android 或 iOS 设备上即可操作。

与独有的交易理念和投资分析工具相结合,帮助您在我们 12 个全球市场中的几乎所有金融工具上找到可操作的见解,从而帮助您优化交易策略。

推荐给您的朋友

向您的朋友推荐Monex并赠予他们免费使用我们交易工具的机会

我们尊重您的隐私,只会向您的朋友发送一封邮件 

与您的朋友分享

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!