S&P/ASX 200 To Open Flat

The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open flat on Monday.

The Australian share market, or S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index, is expected to open flat Monday morning, according to the Sydney Futures Exchange.

Here’s what you need to know:

SFE ASX 200 futures: -7

Australian Dollar ($A) (AUDUSD): 79.06 US cents

Dow Jones: up 1%

Oil (WTI): $US61.68 per barrel

Gold: $US1,356 per ounce

On Friday, London-listed shares of BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) closed down 1.3% and 0.6%, respectively, according to Google Finance.

Australian Investing News

This morning, Iron Mountain Inc (ASX: INM), the diversified information storage company, released its 2017 results to the ASX showing a 9% increase in total revenue and a profit of $185 million – up from $107 million a year earlier.

Health insurer NIB Holdings Limited (ASX: NHF) reported a 9% increase in revenue to $1.1 billion for the six-month period ended 31 December 2017. Meanwhile, profit was 1% lower at nearly $71 million.

Funerals business InvoCare Limited (ASX: IVC) filed its full year results with the ASX this morning revealing a 1% increase in revenue and a profit of $97 million, up 37%.

GWA Group Ltd (ASX: GWA), a $720 million building fixtures business, reported a half-year 2% increase in revenue and profit of $28 million, up 7% compared to the same period in 2016.

Finally, Domain Holdings Australia Ltd (ASX: DHG), the business behind the Domain property listings website, reported half-year revenue of $113 million, up 62%, and a loss of $3.4 million. A partially franked interim dividend of 4 cents per share was declared.

Join Rask’s Investor Club Newsletter Today

You can join Rask’s FREE investor’s club newsletter today for all of the latest news and education on investing. Join today – it doesn’t cost a thing. BUT, you’ll need a good sense of humour and a willingness to learn.

Join today.

Keep Reading

 

Disclaimer: This article contains general information only. It is no substitute for licensed financial advice and should not be relied upon. By using our website you agree to our Disclaimer & Terms of Use and Privacy Policy.

Better investing starts here.

Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best  insights.

5%+ in passive income

Owen Rask’s investing report available

With bond ETFs like ASX:IAF and the S&P 500 riding high, now could be one of the best times to start earning passive income from a portfolio of shares and ETFs.

In this free analyst report, our Chief Investment Officer, Owen Rask, names 10 ASX stocks and ETFs to watch.

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.

Skip to content