Skip to main content

Latest stock market podcasts

Morning Bell 10 August

Jessica Amir
August 10, 2021

US investors brace for a big jump in US inflation data on Wednesday night.

Overnight, the energy sector fell 1.5% on concerns of rising COVID-19 cases. Investors sold stocks tied to the economic recovery, with American Airlines and United Airlines both falling 2%.

This morning, the futures are suggesting the Aussie share market will rally 0.3%.

What to watch today:

  • Australia will soon receive the Moderna vaccine, which was approved for use by the TGA.
  • Challenger (ASX:CGF) announced a huge recovery in the 2021 financial year. The company swung from a loss in 2020, to $592 million statutory NPAT, compared to the expected $284 million. CGF’s profit strengthened as its asset under management (AUM) grew and saw record sales growth. CGF declared a full year dividend of $0.20ps, which is a 14% jump on last year. CGF guided for a stronger FY22, with expected profit to grow 15%.
  • Coronado Glaobal Resources (ASX:CRN) will report its HY21 results today at 10am AEST.
  • The oil price fell $0.40 or 0.6%, compared to this time yesterday. Oil is now trading at US$66.84 a barrel, the same price it traded at in May.
  • Gold holds a four month low, however it rose slightly by 0.3%, after tumbling on stronger than expected job data.
  • The seaborne iron ore price gained 0.9%, supporting Rio Tinto listed in New York, which rose 0.7%, while BHP fell 0.2% in New York, after the copper price fell over 1%. Expect the locally listed counterparts to see volatility.
  • Business confidence data will be released today.

Trading Ideas:

  • The a2 Milk Company (ASX:A2M) was reiterated as a Bell Potter BUY, with a price target of $8.50, implying over 45% share price growth in a year.
  • Karoon Energy (ASX:KAR), Elixr Energy (ASX:EXR) and Senex Energy (ASX:SXY) are all giving off bullish charting signals, according to Trading Central.

 

Market Update 20 March

Bell Direct
March 20, 2020

Market Update 19 March

Bell Direct
March 19, 2020

Morning Bell 18 March

Bell Direct
March 18, 2020

Morning Bell 17 March

Bell Direct
March 17, 2020

Market Update 16 March

Bell Direct
March 16, 2020

Weekly Wrap 13 March

Bell Direct
March 13, 2020

Morning Bell 12 March

Bell Direct
March 12, 2020

Morning Bell 11 March

Bell Direct
March 11, 2020

Morning Bell 10 March

Bell Direct
March 10, 2020

Weekly Wrap 6 March

Bell Direct
March 6, 2020

Morning Bell 5 March

Bell Direct
March 5, 2020