Skip to main content

Morning Bell 10 September

Jessica Amir
September 10, 2020

The Aussie share market is set to lift 1.3% at the open as investors look to buy back into the market, given it’s now back at late June prices.

What to watch today:

  • CSL (ASX:CSL) goes ex-dividend today, transferring the dividend right to shareholders. So if you’ve been looking to buy CSL, today could be your day, as companies generally trade lower on days they go ex-div. Other companies going ex-div include: Independence Group (ASX:IGO) and South32 (ASX:S32).
  •  Sky TV (ASX:SKT) released its financial year results today, showing a 35% jump in revenue.

Local trading ideas:

  • Bell Potter restamped internet service provider, Uniti Group (ASX:UWL), as a buy. Bell Potter reduced its price target by 20% to $1.75, however that still implies almost 36% share price growth in a year.
  • Afterpay (ASX:APT) may be worth a look too, as Trading Central’s data tells us its shares are giving off a bullish signal, a ‘key reversal bar’ pattern, indicating its downward trend has likely broken and its shares may rise from yesterday’s close of $74.05. APT is a Bell Potter buy with a $99.10 target, Morgan Stanley backs APT with a $101 target.
  • ArchTIS (ASX:AR9), a cybersecurity company, is also giving off a bullish signal according to Trading Central’s charting. AR9 shares have already rallied over 200% this year, with the company working with the Australian Government and the defence force.

Morning Bell 30 July

Jessica Amir
July 30, 2020

Morning Bell 29 July

Jessica Amir
July 29, 2020

How to use ETFs in your portfolio

Bell Direct
July 28, 2020

Morning Bell 28 July

Jessica Amir
July 28, 2020

Morning Bell 27 July

Jessica Amir
July 27, 2020

Weekly Wrap 24 July

Jessica Amir
July 24, 2020

Morning Bell 24 July

Paulina Peters
July 24, 2020

Morning Bell 23 July

Jessica Amir
July 23, 2020

Morning Bell 22 July

Jessica Amir
July 22, 2020

Morning Bell 21 July

Jessica Amir
July 21, 2020

Morning Bell 20 July

Jessica Amir
July 20, 2020