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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.

Morning Bell 27 February

Jessica Amir
February 27, 2020

Market Update 26 February

Jessica Amir
February 26, 2020

Morning Bell 25 February

Jessica Amir
February 25, 2020

Reporting season: Appen (ASX:APX)

Jessica Amir
February 24, 2020

Morning Bell 24 February

Paulina Peters
February 24, 2020

Weekly Wrap 21 February

Jessica Amir
February 21, 2020

Morning Bell 21 February

Jessica Amir
February 21, 2020

Morning Bell 20 February

Jessica Amir
February 20, 2020

Morning Bell 19 February

Jessica Amir
February 19, 2020