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ASX 200 To Open Lower, 3 ASX Shares To Watch

The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went up 0.36% on Thursday.
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Jaz Harrison

Jaz is a Staff Writer for Rask. She is a keen investor who loves to thoroughly poke holes in an investment idea before it has a chance of making it into her portfolio. Jaz invests for the long-term and doesn't sweat the small stuff. She strongly believes that empowering people with knowledge is the best way for them to take charge of their finances, which is exactly the approach she takes with her own money and investments.
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The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went up 0.36% on Thursday.

Australian Dollar ($A) (AUDUSD): 70.79US cents

Dow Jones (DJI): up 0.36%

Oil (WTI): $US59.42 per barrel

Gold: $US1,290 per ounce

ASX Sharemarket News

In ASX sharemarket news, casino company SKYCITY Entertainment Group Limited (ASX: SKC) has announced to investors that its sale of its Darwin business to Delaware North is now unconditional.

The sale is expected to occur on 4 April 2019. The sale price is $188 million for all of SKYCITY Darwin and the Little Mindil property (with a book value of $11 million) which is located next to the Darwin site will be sold separately.

SKYCITY CEO Graeme Stephens said: “We are pleased that the sale of SKYCITY Darwin is now unconditional. The sale is consistent with our strategy to sell certain non-core assets and to allocate capital to assets and businesses which we feel are better aligned with our long-term strategic objectives.”

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UK shares will be under the spotlight today, such as CYBG Plc (ASX: CYB), with Brexit seemingly teetering on the edge. The UK’s Parliament has been unable to decide which option is most palatable.

Earlier this week the politicians voted against every single option being considered. Brexiteers now seem to be coming round to the idea that Prime Minister May’s deal may be better than no Brexit at all.

If her deal is not voted through then the only options are either: cancel Brexit (Brit-In) or a no deal exit.

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CSR Limited (ASX: CSR) has announced the sale of its industrial property in Ingleburn, New South Wales for $66 million. The site was retained following the sale of Viridian Glass, when the company advised the sale value would be in excess of $60 million.

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