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Thursday S & P / ASX200 Index (ASX: XJO) returned to the form and was pushed higher. The Benchmark Index rose 0.5% to 7,311.7 points.
Can the market build on this on Friday? Here are five things to keep in mind:
ASX200 is expected to rise again
The Australian stock market is set to end this week with positive moves. According to the latest SPI futures, the ASX 200 is expected to open a day 45 points or 0.6% higher. This was followed by a very strong trading night on Wall Street, with the Dow Jones up 1.4%, the S & P 500 up 1.6% and the Nasdaq up 1.65%.
Rio Tinto Quarterly Updates
All eyes Rio Tinto Limited (ASX: RIO) Today’s stock price when it releases a third quarter update. Investors will undoubtedly want to see if mining giants are on track to achieve year-round guidance. This includes the shipment of 325-340 Mt of iron ore, the production of 3.1-3.3 Mt of aluminum, and the production of 210-250 kt of copper.
Crude oil price rises
Energy producers including Santos Co., Ltd. (ASX: STO) When Woodside Petroleum Limited (ASX: WPL) It can be a strong finish until the week after the oil price rises. According to Bloomberg, WTI crude oil prices rose 1.15% to $ 81.36 a barrel and Brent crude oil prices rose 1.15% to $ 84.13 barrels. A strong pull into US fuel inventories pushed up prices.
NS Harvey Norman Holdings Limited (ASX: HVN) Shares are trading ex-dividend this morning with a final dividend of 15 cents per fully franked share, which could be lower. Elsewhere Eagers Automotive Ltd (ASX: APE) When HUB24 Ltd (ASX: HUB) We look forward to paying the latest dividends later today.
Gold price rises
Gold miner New Crest Mining Co., Ltd. (ASX: NCM) When St. Barbara Co., Ltd. (ASX: SBM) It will be noticed after the gold price rises. According to CNBC Spot gold price It’s up 0.2% to 1 ounce US $ 1,798.9. This is due to the softening of bond yields.
Five things to watch out for at the ASX200 on Friday, October 15, 2021
Source link Five things to watch out for at the ASX200 on Friday, October 15, 2021