5 things to watch on the ASX 200 on Thursday

Couple on their laptop in their home kitchen.

On Wednesday, the S&P/ASX 200 Index (ASX: XJO) ended its winning streak with a small decline. The benchmark index edged 0.1% lower to 8,727.7 points.

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

ASX 200 expected to fall

It looks set to be a poor session for Australian investors following a weak night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 53 points or 0.6% lower this morning. In the United States, the Dow Jones fell 0.65%, the S&P 500 dropped 0.2%, and the Nasdaq fell 0.2%.

ASX 200 shares paying dividends

A number of ASX 200 shares are rewarding their shareholders with dividends on Thursday. This includes Aurelia Metals Ltd (ASX: AMI), Brambles Ltd (ASX: BXB), Cleanaway Waste Management Ltd (ASX: CWY), Medibank Private Ltd (ASX: MPL), and Westgold Resources Ltd (ASX: WGX). The latter will be paying a fully franked 10 cents per share dividend to eligible shareholders.

Oil prices mixed

ASX 200 energy shares Woodside Energy Group Ltd (ASX: WDS) and Santos Ltd (ASX: STO) will be on watch after a mixed night for oil prices. According to Bloomberg, the WTI crude oil price is down 0.6% to US$88.91 a barrel and the Brent crude oil price is up 0.3% to US$100.88 a barrel. Traders appear undecided with where oil prices are going next.

Buy ALS shares

ALS Ltd (ASX: ALQ) shares are still in the buy zone according to Bell Potter. This morning, the broker has retained its buy rating with a trimmed price target of $24.00. It said: “We are becoming increasingly cautious of a deceleration in exploration activity growth from FY28, compounded by weakening Junior equity raisings, a resurgence of cost input inflation observed across the global mining industry, rising bond yields and a weakening gold price environment. That said, indicators point to short-term buoyant conditions in the exploration market, and given the 1Q FY27 Trading Update, we reiterate our position that FY27 Minerals organic revenue growth guidance appears conservative.”

Gold price drops

It could be a tough day for ASX 200 gold shares Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) on Thursday after the gold price dropped overnight. According to CNBC, the gold futures price is down 1.35% to US$4,131 an ounce. The release of the US Federal Reserve’s minutes revealed expectations for another rate hike.

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

Should you invest $1,000 in Als right now?

Before you buy Als 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 Als 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 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.