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5 things to watch on the ASX 200 on Monday 12 April 2021



On Friday the S&P/ASX 200 Index (ASX: XJO) finished a very positive week on a subdued note. The benchmark index fell ever so slightly to 6,995.2 points.

Will the market be able to bounce back from this on Monday? Here are five things to watch:

ASX 200 expected to rise

The Australian share market looks set to start the week on a positive note following a solid finish on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the week 6 points or 0.1% higher this morning. On Wall Street on Friday night, the Dow Jones rose 0.9%, the S&P 500 climbed 0.8%, and the Nasdaq pushed 0.5% higher. The Dow hit a record high after adding 2% for the week.

Xero shares rated as a buy

The Xero Limited (ASX: XRO) share…

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