Skip to main content

Latest stock market podcasts

Morning Bell 5 June

Bell Direct
June 5, 2020

Investors are tipped to lock in fresh profits with the futures eyeing a dip of 0.2% today after the ASX200 has gained 4% so far this week. The oil price nudged ahead to US$37.41 a barrel with OPEC mulling over extending their production cuts to boost the oil price. The gold price lost $5.90 in value, falling to $1,722. an ounce. Iron ore fell 1.6%, but the price of ore has gone up by 9.4% compared to last week, and it’s trading at $10 a tonne.

What to watch today:

  • Kogan (ASX:KGN) just reported June quarter results with Gross Profit rising over 130% across 4QTD of the financial year, and active customers rising to 2 million, that means Kogan.com customers grew by 126,000 in May.
  • Companies going ex-dividend include ALS (ASX:ALQ) and Infratil (ASX:IFT) and OFX Group (ASX:OFX) goes ex-div on Tuesday (remember if you buy shares before the ex-div date, you’ll be entitled to the upcoming dividend – which is why on the day ex-div date, shares are usually sold down).

Trading ideas:

  • Afterpay (ASX:APT) was upgraded by Bell Potter overnight, with a $65.00 price target, after Bell Potter did a deep dive into profit prospects
  • Beacon Lighting (ASX:BLX) Citi’s top small cap pick, got a big boost following the government’s HomeBuilder scheme. Its shares have gained 150% from COVID-19 lows.
  • UBS initiated coverage of property group, Centuria (ASX:CNI) for the first time overnight, saying it’s the top buy pick for property fund managers.

In today’s morning bell, Jessica discusses:

  • Local markets – (0:00)
  • Global markets – (0:14)
  • What to watch today – (1:21)
  • Trading ideas: Afterpay (ASX:APT) – (2:16), Beacon Lighting (ASX:BLX) – (2:30) & Centuria (ASX:CNI) -(3:06)

Morning Bell 15 April

Bell Direct
April 15, 2024

Weekly Wrap 12 April

Bell Direct
April 12, 2024

Morning Bell 12 April

Bell Direct
April 12, 2024

Morning Bell 11 April

Bell Direct
April 11, 2024

Morning Bell 10 April

Bell Direct
April 10, 2024

Morning Bell 9 April

Bell Direct
April 9, 2024

Morning Bell 8 April

Bell Direct
April 8, 2024

Morning Bell 5 April

Bell Direct
April 5, 2024

Morning Bell 4 April

Bell Direct
April 4, 2024

Morning Bell 3 April

Bell Direct
April 3, 2024

Morning Bell 2 April

Bell Direct
April 2, 2024