5 things to watch on the ASX 200 on Monday

Man analysing data on his laptop.

On Friday, the S&P/ASX 200 Index (ASX: XJO) finished the week in a subdued fashion. The benchmark index fell 0.15% to 9,005.9 points.

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

ASX 200 expected to edge lower

The Australian share market looks set for a soft start to the week following a poor session on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to open the day 1 point lower. In the United States, the Dow Jones was down 0.5%, the S&P 500 dropped 0.4%, and the Nasdaq fell 0.3%.

Oil prices rise

It could be a positive start to the week for ASX 200 energy shares Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) after oil prices rose on Friday night. According to Bloomberg, the WTI crude oil price was up 0.2% to US$91.48 a barrel and the Brent crude oil price was up 0.8% to US$96.28 a barrel. Oil prices charged higher last week amid an escalation in US-Iran tensions.

Buy Seek shares

Seek Ltd (ASX: SEK) shares could be in the buy zone according to Gray Perry Wealth Advisers. This morning, according to The Bull, its team has named job listings giant Seek as a buy this week. It said: “Despite softer job-ad volumes, fiscal year 2026 net revenue rose 10 per cent and EBITDA increased 15 per cent, demonstrating pricing power and operational resilience. We’re forecasting earnings to grow about 9.5 per cent annually in the next two years. An improving return on equity and a healthy dividend further support the investment case.” 

Gold price tumbles

It could be a poor 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 tumbled on Friday night. According to CNBC, the gold futures price was down 1.4% to US$4,476.6 an ounce. Traders were selling gold after strong US jobs data boosted rate hike bets.

ASX 200 shares going ex-dividend

Another group of ASX 200 shares are going ex-dividend this morning and could trade lower. Among them are healthcare technology company Pro Medicus Ltd (ASX: PME), gold miners Alkane Resources Ltd (ASX: ALK) and Perseus Mining Ltd (ASX: PRU), investment platform provider Hub24 Ltd (ASX: HUB), and retail conglomerate Super Retail Group Ltd (ASX: SUL). The latter will be paying shareholders a fully franked 33 cents per share final dividend on 29 September.

The post 5 things to watch on the ASX 200 on Monday appeared first on The Motley Fool Australia.

Should you invest $1,000 in Alkane Resources right now?

Before you buy Alkane Resources shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Alkane Resources wasn’t one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys…

* Returns as of 1 August 2026

.custom-cta-button p {
margin-bottom: 0 !important;
}

More reading

Motley Fool contributor James Mickleboro has positions in Pro Medicus and Woodside Energy Group Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Hub24 and Super Retail Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Pro Medicus. The Motley Fool Australia has positions in and has recommended Super Retail Group. The Motley Fool Australia has recommended Hub24 and Pro Medicus. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.