Skip to main content

Morning Bell 11 February

Jessica Amir
February 11, 2021

The ASX200 is eyeing a fall of 0.5% at the open.

The Head of the Reserve Bank in the US assured Americans that interest rates will stay low until employment rates return to normal levels.

Companies reporting results:

  • Telstra (ASX:TLS) reported net profit after tax (NPAT) of $1.1 billion, which exceeded the expectation of $849 million.
  • AMP (ASX:AMP) reported full year statutory NPAT of $177 million, reversing the $2.5 billion loss in FY19.

Yesterday’s most traded stocks:

  • Large caps: Fortescue Metals (ASX:FMG), InvoCare (ASX:IVC) and Suncorp (ASX:SUN).
  • Small caps: BlackEarth Minerals (ASX:BEM).

Local trading ideas:

  • Praemium (ASX:PPS) was reiterated as a buy by Bell Potter with new $1.01 target.
  • Australian Strategic Materials (ASX:ASM), Resimac Group (ASX:RMC) and Charter Hall Group (ASX:CHC) are giving off bullish charting signals according to Trading Central.

How to: Set up a watchscreen

Bell Direct
September 11, 2020

Weekly Wrap 11 September

Jessica Amir
September 11, 2020

Morning Bell 11 September

Jessica Amir
September 11, 2020

How to: Place, amend or cancel a trade

Bell Direct
September 10, 2020

Morning Bell 10 September

Jessica Amir
September 10, 2020

How to: Review your portfolio

Bell Direct
September 9, 2020

Morning Bell 9 September

Jessica Amir
September 9, 2020

Morning Bell 8 September

Jessica Amir
September 8, 2020

Morning Bell 7 September

Jessica Amir
September 7, 2020