On Friday, the S&P/ASX 200 Index (ASX: XJO) finished the week in a positive fashion. The benchmark index rose 0.8% to 8,682.1 points.
Will the market be able to build on this on Monday? Here are five things to watch:
The Australian share market looks set for a positive start to the week following a strong session on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to open the day 26 points or 0.3% higher. In the United States, the Dow Jones was up 0.5%, the S&P 500 rose 0.75%, and the Nasdaq stormed 1.2% higher.
ASX 200 energy shares Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) could have a subdued start to the week after oil prices fell on Friday night. According to Bloomberg, the WTI crude oil price was down 1.9% to US$91.11 a barrel and the Brent crude oil price was down slightly to US$102.25 a barrel. This appears to have been driven by optimism that the Strait of Hormuz could reopen soon.
Artrya Ltd (ASX: AYA) shares could have major upside potential according to analysts at Bell Potter. This morning, the broker has retained its buy rating and $6.00 price target on the AI stock. It said: "AYA has secured its fourth customer for its Salix platform which improves the detection and management of coronary artery disease (CAD). Huntsville Hospital Health System (HH) is a 14-hospital system (and 19 care centres) across Alabama and Tennessee in the US. […] The material rise in the share price illustrates how significant the HH signing is, albeit completing integration of NGHS / Cone, as well as the FFR-CT FDA submission / approval are more significant catalysts at present."
It could be a subdued start to the week for ASX 200 gold shares Capricorn Metals Ltd (ASX: CMM) and Northern Star Resources Ltd (ASX: NST) after the gold price dropped on Friday night. According to CNBC, the gold futures price was down 0.95% to US$4,162.3 an ounce. A strong US dollar and elevated Treasury yields weighed on the gold price last week.
Dolphin Partners has named NextDC Ltd (ASX: NXT) shares as a buy this week according to The Bull. Commenting on its recommendation, it said: "NXT has invested heavily in infrastructure during the past three years. The recent share price decline enables longer term investors to gain entry into a growth stock with structural tailwinds."
The post 5 things to watch on the ASX 200 on Monday appeared first on The Motley Fool Australia.
Motley Fool contributor James Mickleboro has positions in Nextdc and Woodside Energy Group Ltd. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The Motley Fool's purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 2026