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5 things to watch on the ASX 200 on Thursday 22 April 2021




On Wednesday the S&P/ASX 200 Index (ASX: XJO) finished well off its low but still recorded a disappointing decline. The benchmark index fell 0.3% to 6,997.5 points.

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

ASX 200 to rebound

The Australian share market looks set to rebound on Thursday. According to the latest SPI futures, the ASX 200 is expected to open the day 31 points or 0.45% higher today. This follows a positive night of trade on Wall Street, which saw the Dow Jones jump 0.95%, the S&P 500 rise 0.9% and the Nasdaq storm 1.1% higher.

Oil prices sink

It could be a difficult day for energy producers such as Oil Search Ltd (ASX: OSH) and Woodside Petroleum Limited (ASX: WPL)

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