Skip to main content

Latest stock market podcasts

Morning Bell 18 August

Jessica Amir
August 18, 2021

US stocks headed south overnight, after disappointing retail sales data. US retail sales fell 1.1% in July, when market expectations were a fall of just 0.3%.

 

In addition, the Taliban has taken control of Afghanistan’s capital city, and China’s COVID-19 cases surged to an 8 month high.

 

Following the US, the Aussie share market is set to open lower.

 

Stay tuned, later today we will be releasing a full report on Coles (ASX:COL) and CSL (ASX:CSL)’s results.

 

What to watch today:

  • BHP have announced its petroleum business will merge with Woodside Petroleum (ASX:WPL), in the aim of reducing petroleum assets. WPL investors will hold the majority stake of the merged company. BHP also announced a $7.8 billion potash project, as well as the end of its dual-listed company structure.
  • BHP also reported its FY21 results, delivering record dividends to shareholders, with a US$2.00 final dividend. Profit grew 88% to US$17 billion, while earnings grew 69% to US$37.4 billion.
  • Dominos (ASX:DMP) reported underlying annual NPAT grew 29% to $188.2 million, slightly above market expectations of $187.7 million.
  • Coles (ASX:COL) reported annual profits grew 3%, and CSL (ASX:CSL) reported its annual profit rose 13%. Stay tuned to Bell Direct Reporting Season Coverage, with everything you need to know
  • The oil price has fallen for the 4th session, which is the longest loosing streak since March. Oil is trading at US$66.63 a barrel, as global COVID-19 cases are trending higher.
  • The gold price is steady, trading at US$1,787, while the iron ore price rose 0.2%.
  • Cotton hit a 7 year high overnight, while the price of sugar rose to another 4 year high.

 

Trading Ideas:

  • Mesoblast (ASX:MSB) was reiterated as a Bell Potter Speculative BUY, with a price target of $3.60, implying 89% share price growth in a year.
  • Limeade (ASX:LME), Red 5 (ASX:RED) and Ava Risk Group (ASX:AVA) are all giving off bullish charting signals, according to Trading Central.

Morning Bell 8 February

Bell Direct
February 8, 2021

Weekly Wrap 5 February

Jessica Amir
February 5, 2021

Morning Bell 5 February

Bell Direct
February 5, 2021

Morning Bell 4 February

Bell Direct
February 4, 2021

Morning Bell 3 February

Bell Direct
February 3, 2021

Morning Bell 2 February

Bell Direct
February 2, 2021

Morning Bell 1 February

Bell Direct
February 1, 2021

Reporting Season Preview – February 2021

Bell Direct
January 29, 2021

Morning Bell 29 January

Bell Direct
January 29, 2021

Morning Bell 28 January

Bell Direct
January 28, 2021

Morning Bell 27 January

Bell Direct
January 27, 2021