S&P/ASX 200 To Open Higher, 3 ASX Shares To Watch

The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.28% on Wednesday.

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The S&P/ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.28% on Wednesday.

Here are the data points:

Australian Dollar ($A) (AUDUSD): 71.74 US cents

Dow Jones (DJI): up 0.59%

Oil (WTI): $US52.38 per barrel

Gold: $US1,293 per ounce

ASX Sharemarket News

In ASX sharemarket news, UK-related shares will be watched again this morning after the UK Parliament narrowly voted against Labour’s no confidence motion. Now it seems another general election is unlikely, but the current Brexit deal is unlikely to go through either. No deal or no Brexit are the two likely outcomes.

The CYBG Plc (ASX: CYB) share price fell around 1% to the Brexit confusion, today could be another interesting day for the UK bank.

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Australian gambling machine manufacturer Aristocrat Leisure Limited (ASX: ALL) has been featured in the news this morning after Charlie Aitken from Aitken Investment Management, who featured on the Rask podcast last year, said it was one ASX share that he was bullish on this year. Several fund managers appear to be attracted to its growth prospects and fairly new focus on online gaming.

Read more:

BHP pays a 4% dividend yield – now what?

Can 5G Save Telstra Shares?

Is the CSL Share Price Seriously Cheap?

Is The JB Hi-Fi Share Price A Buy?

Mining business South32 Ltd (ASX: S32) announced its quarterly report for December 2018. In the ASX release the resources company said its FY19 production guidance remains unchanged, except for Illawarra Metallurgical Coal where improved longwall performance has underpinned a 7% increase.

South32 achieved record production with its Australia Manganese in the December 2018 half year, there was increased premium ore production at South Africa and the company finalised plans for the Klipspruit dragline to return to service by the end of January 2019.

South32 CEO Graham Kerr said: “As we have benefited from strong prices for our core commodities, we have continued to return cash to shareholders.

In the December 2018 half year we distributed US$316 million in dividends and allocated US$167 million to our on-market share buy-back.”

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CSL, Xero, ANZ... the ASX is beaten up

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