5 things to see on the ASX 200 on Thursday, December 30, 2021

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On Wednesday it S & P / ASX 200 Index (ASX: XJO) was in very strong shape and stormed significantly higher. The benchmark index rose 1.2% to 7,509.8 points.

Will the market be able to build on this on Thursday? Here are five things to see:

The ASX 200 is expected to rise again

The Australian stock market looks set to push up again on Thursday. According to the latest SPI futures, the ASX 200 is expected to open the day 17 points or 0.25% higher this morning. This follows a decent night on Wall Street, which in late trading sees the Dow Jones up 0.3%, the S&P 500 up 0.1%, but the Nasdaq falling 0.1%.

Oil prices are higher

Energy shares incl Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) could have a good day after rising oil prices overnight. According to Bloomberg, the WTI crude oil price has risen by 0.7% to $ 76.49 per barrel. barrel, and the Brent crude oil price has risen by 0.2% to $ 79.11 per barrel. barrel. Oil prices rose after data showed a drop in U.S. crude oil and fuel inventories.

The price of gold is falling

Gold miners Evolution Mining Ltd (ASX: EVN) and Regis Resources Limited (ASX: RRL) may have a tough day after the gold price has dropped. According to CNBC, the spot gold price has fallen 0.3% to $ 1,805.60 per share. ounce. The gold price fell from a one-month high as investors piled into equities.

Shares go without dividends

A number of popular ASX 200 dividend stocks are going without dividends this morning and may trade lower. Among the shares going ex-div are Charter Hall Group (ASX: CHC), Goodman Group (ASX: GMG), Mirvac Group (ASX: MGR), and Transurban group (ASX: TCL).

The price of iron ore is falling

It was a subdued trading evening for the spot price of benchmark iron ore. According to the Metal Bulletin, it fell 1% to $ 118.30 per share. ton. However, this has not stopped the US on the list BHP Group Ltd (ASX: BHP) stock price from pushing up Wednesday night. The Big Australia’s NYSE shares have risen over 1% at the time of writing.

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