ASX 200 To Open Higher, 3 ASX Shares To Watch

The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went down by 0.21% on Thursday.

The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went down by 0.21% on Thursday.

Australian Dollar ($A) (AUDUSD): 69.99US cents

Dow Jones (DJI): down 0.46%

Oil (WTI): $US61.81 per barrel

Gold: $US1,271 per ounce

ASX Sharemarket News

In ASX sharemarket news, DEXUS Property Group (ASX: DXS) is expected to return to trade today after announcing its huge Melbourne property acquisition.

With a total cost of $1.476 billion Dexus will be buying 75% of 80 Collins precinct which is 105,000 square metres of net lettable area (NLA).

The precinct includes an existing 47 level A-grade office tower, a new 35 level premium office tower, a new retail podium with 21 tenancies and a new 255 room boutique hotel.

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Another business that went into a trading halt yesterday was Bravura Solutions Ltd (ASX: BVS) which announced it was raising $165 million with an institutional capital raising.

The cash will be used to improve its balance sheet, increase the capacity for acquisitions including the potential GBST Holdings Limited (ASX: GBT) takeover and to accelerate growth in existing geographies and new geographies and markets.

The placement has been underwritten at $5.50, which is a 11.9% discount to the last closing price of $6.24 but the price could be higher if there’s sufficient demand.

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Macquarie Group Ltd (ASX: MQG) has released its 2019 full year financial result.

The Australian-based global investment bank has reported net profit grew by 17% to $2.98 billion and assets under management (AUM) increased by 11% to $551.3 billion.

Macquarie decided to declined a final dividend per share of $3.60, resulting in a full year dividend of $5.75, which was an increase of 9.5%.

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