Business
5 things to watch on the ASX 200 on Thursday 31 December 2020
On Wednesday the S&P/ASX 200 Index (ASX: XJO) was out of form and dropped lower. The benchmark index fell 0.3% to 6,682.4 points.
Will the market be able to bounce back from this on Thursday? Here are five things to watch:
ASX 200 futures pointing higher.
The Australian share market looks set to bounce back on Thursday. According to the latest SPI futures, the ASX 200 is expected to open the day 6 points or 0.1% higher this morning. This follows a positive night on Wall Street which in late trade sees the Dow Jones up 0.3%, the S&P 500 up 0.2%, and the Nasdaq 0.3% higher.
Oil prices higher.
Energy producers such as Oil Search Limited (ASX: OSH) and Santos Ltd (ASX: STO) could be on the rise today after oil prices pushed higher.
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