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Morning Bell 5 May

Bell Direct
May 5, 2020

The Australian share market is set to rise for the second straight day this week, with the futures suggesting a 0.3% gain at the open. This comes as Italy, Finland and some U.S States have eased their lockdowns, fuelling the oil price back above $21 a barrel.

Trading Idea: Westpac (ASX:WBC) was reiterated as a Buy by Bell Potter overnight following the bank’s half year results yesterday.

Investors will be watching Kathmandu (ASX:KMD), James Hardie (ASX:JHX), Westpac (ASX:WBC) and the RBA meeting today.

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