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.

Bell Potter banks march

Bell Direct
March 11, 2016

Portfolio Strategy Builder

Bell Direct
March 7, 2016

Technical Insights Tutorial

Bell Direct
March 7, 2016

Daily Trading Idea Tutorial

Bell Direct
March 7, 2016

Market Insights 26 Feb

Julia Lee
February 26, 2016

Small Cap CEO Interview: Ahalife

Bell Direct
February 24, 2016

Bell Potter: Hybrid stocks

Bell Direct
January 28, 2016

Bell Potter outlook: resources

Bell Direct
January 26, 2016

Richard Hemming: small cap dividend stocks

Richard Hemming
January 22, 2016

Bell Potter Financials Outlook

Bell Direct
January 22, 2016