5 things to watch on the ASX 200 on Monday

MotleyFool
03-03

On Friday, the S&P/ASX 200 Index (ASX: XJO) ended a tough week deep in the red. The benchmark index sank 1.15% to 8,172.4 points.

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

ASX 200 expected to rebound

The Australian share market looks set to rebound on Monday following a strong session on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to open the day 48 points or 0.6% higher. In the United States, the Dow Jones was up 1.4%, the S&P 500 rose 1.6%, and the Nasdaq charged 1.1% higher.

Oil prices fall

It could be a poor start to the week for ASX 200 energy shares such as Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) after oil prices fell on Friday. According to Bloomberg, the WTI crude oil price was down 0.85% to US$69.76 a barrel and the Brent crude oil price was down 1% to US$72.81 a barrel. This was first monthly drop since November after trade tariffs weighed on prices.

Life360 shares rated as a buy

Life360 Inc (ASX: 360) shares can keep rising according to analysts at Bell Potter. According to a note, the broker has responded to its full year results by retaining its buy rating with an improved price target of $28.00. Based on its current share price, this implies potential upside of 20% for investors. It said: "We have upgraded our revenue forecasts in 2025 and 2026 by 3% and 4%. We now forecast 2025 revenue of US$466m which is around the middle of the guidance range. We have also upgraded our adjusted EBITDA forecasts by 21% and 20% and now forecast 2025 adjusted EBITDA of US$70m which again is close to the middle of the guidance range. […] Key short term focus now is on whether Life360 gains entry into the S&P/ASX 100 or not."

Gold price drops

ASX 200 gold shares Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) could have a poor start to the week after the gold price dropped on Friday night. According to CNBC, the gold futures price was down 1% to US$2,867.3 an ounce. This was driven by a stronger US dollar and led to the precious metal having its worst week in three months.

Shares going ex-dividend

A number of ASX 200 shares will be going ex-dividend on Monday and could drop into the red. This includes rail freight operator Aurizon Holdings Ltd (ASX: AZJ), pizza chain operator Domino's Pizza Enterprises Ltd (ASX: DMP), and insurance broker Steadfast Group Ltd (ASX: SDF). The latter is paying a fully franked 7.8 cents per share dividend to its shareholders later this month on 27 March.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10