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Morning Bell 22 June

Jessica Amir
June 22, 2021

The Aussie share market is set to open higher, with the futures suggesting the market will rise 1.2%.

 

What to watch today:

  • NSW has abolished stamp duty costs on electric vehicles (EVs) in a bid to boost EV sales, as part of handing down its state budget today. All eyes will be on companies involved in lithium production, including Galaxy Resources (ASX:GXY), Pilbara (ASX:PLS) and Lake Resources (ASX:LKE).
  • Victoria has invested $5 million into Australia’s first locally manufactured mRNA vaccine. All eyes on CSL Limited (ASX:CSL).
  • The oil price rose above US$73.00 a barrel overnight.
  • The copper price rebounded 1.4% on Monday.
  • The iron ore price last traded at US$217.00 after falling 1.6%.

 

Trading Ideas:

  • Bega Cheese (ASX:BGA) was reiterated as a Bell Potter BUY with a $7.35 target, implying 21% share price growth in a year.
  • Oneview Healthcare (ASX:ONE), Caravel Minerals (ASX:CVV) and Alcidion (ASX:ALC) are all giving off bullish charting signals according to Trading Central.

Morning Bell 24 January

Grady Wulff
January 24, 2023

Closing Bell 23 January

Grady Wulff
January 23, 2023

Morning Bell 23 January

Sophia Mavridis
January 23, 2023

Morning Bell 20 January

Grady Wulff
January 20, 2023

Closing Bell 19 January

Grady Wulff
January 19, 2023

Morning Bell 19 January

Sophia Mavridis
January 19, 2023

Closing Bell 18 January

Grady Wulff
January 18, 2023

Morning Bell 18 January

Grady Wulff
January 18, 2023

Closing Bell 17 January

Sophia Mavridis
January 17, 2023

Morning Bell 17 January

Sophia Mavridis
January 17, 2023

Closing Bell 16 January

Grady Wulff
January 16, 2023

Thank you and see you in 2023

Grady Wulff
December 20, 2022