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ASX 200 (XJO) 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) fell by 0.73% on Friday.

Australian Dollar ($A) (AUDUSD): 67.92US cents

Dow Jones (DJI): down 0.37%

Oil (WTI): $US55.30 per barrel

Gold: $US1,440 per ounce

ASX Sharemarket News

In ASX sharemarket news, Flight Centre Travel Group Ltd (ASX: FLT) announced this morning that it has acquired the remaining 25% of North American premium leisure and corporate travel business Les Voyages Laurier du Vallon.

It initially bought 75% in August 2017 and has now utilised its option to buy the rest of the business.

Managing Direct Graham Turner said: “LDV has proven to be a valuable addition to our network in the Americas and we are pleased to take 100% ownership of the business.

“In addition to delivering solid earnings growth over the past two years, its corporate travel presence has enhanced our already strong customer offering across Canada and throughout North America in general.”

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Mining software business RPMGlobal Holdings Ltd (ASX: RUL) has announced an update to its annual recurring revenue (ARR).

It said that RPM’s ARR from software subscriptions has increased to just over $5 million per year, which is an increase of $1 million since the last announcement made on 30 May 2019 when it announced a $1 million increase.

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Monadelphous Group Limited (ASX: MND) has given the market a contracts update.

The engineering and services company said that it has secured new construction and maintenance work in the resources and energy sectors with a combined value of approximately $150 million.

One contract won is with Origin Energy Ltd (ASX: ORG), one is under an existing panel contract with BHP Group Group (ASX: BHP) Mitsubishi Alliance, one is from South32 Ltd (ASX: S32) and two other contracts are with Rio Tinto Limited (ASX: RIO).

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