Last week was a big one for S&P/ASX 200 (INDEXASX: XJO) shares in the first full week of trade in the new year.
Geopolitical tensions dominated market movements, with the back and forth between the United States and Iran making waves around the world.
With that in mind, here are 3 ASX 200 shares that I’ll be keeping an eye on as we kick off another big week for Aussie equities.
3 ASX 200 shares to watch this week
1. Woodside Petroleum Limited (ASX: WPL)
I think the heightened tensions between the United States, its allies and Iran all point to movements in crude oil prices.
With the potential for further sanctions and the first of the warning shots by both sides, Woodside Petroleum is one of those ASX 200 shares to keep an eye on this week.
Woodside is the largest oil and gas producer in Australia and our largest independent oil and gas company. That makes the Woodside share price highly susceptible to movements in crude oil, and I think it could be an early mover this morning.
2. Saracen Mineral Holdings Limited (ASX: SAR)
Saracen Minerals is a leading ASX 200 gold producer which could be climbing higher on Monday. The current risk-off environment has already seen Aussie gold companies climb higher on the ASX this year.
The Saracen share price is up 8.76% since the start of the new year and I think it could climb higher this week. Investors don’t like uncertainty and we’re bound to see more of that with the Iran situation and the ongoing Brexit negotiations this week.
3. Rural Funds Group (ASX: RFF)
The Rural Funds Group share price is among my top ASX 200 shares to watch this week.
Bushfires continue to rage around Australia and have caused an unprecedented amount of damage to communities across the country.
The ongoing disaster has put ASX agriculture shares such as Rural Funds Group under pressure in recent months.
With millions of hectares burning across Australia, I think this ASX 200 company could be one to keep an eye for any further updates on its own portfolio and the economic impact of the fires.
The post 3 ASX 200 shares I’m keeping an eye on this week appeared first on Motley Fool Australia.
If you're after a few top-quality dividend shares for your portfolio, check out these 3 high-yield options below!
When Edward Vesely -- our resident dividend expert -- has a stock tip, it can pay to listen. With huge winners like Dicker Data (up 126%) and Collins Food (up 79%) under his belt, Edward is building an enviable following amongst investors that are planning for retirement.
In a brand new report, Edward has just revealed what he believes are the 3 best dividend stocks for income-hungry investors to buy now. All 3 stocks are paying growing fully franked dividends giving you the opportunity to combine capital appreciation with attractive dividend yields.
Best of all, Edward’s “Top 3 Dividend Shares To Buy For 2020” report is totally free to all Motley Fool readers.
- Man bets $221,666 on one ASX stock
- Top analysts name their top 3 ASX blue chip shares for 2019
- 3 quality dividend shares to boost your income
- NEW: Free report names top 3 ASX dividend shares to buy for 2019
- 5 Stocks for Potentially Building Wealth After 50
Motley Fool contributor Kenneth Hall has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended RURALFUNDS STAPLED. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. 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. 2020