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.

Market Update 4 Dec

Bell Direct
December 4, 2019

Morning Bell 3 December

Bell Direct
December 3, 2019

Market Update 2 December

Bell Direct
December 2, 2019

November Market Overview

Bell Direct
November 29, 2019

Morning Bell 27 November

Bell Direct
November 27, 2019

Morning Bell 26 November

Bell Direct
November 26, 2019

Market Update 22 November

Bell Direct
November 22, 2019

Closing Bell 20 November

Bell Direct
November 20, 2019

Morning Bell 20 November

Bell Direct
November 20, 2019

Closing Bell 19 November

Bell Direct
November 19, 2019

Morning Bell 19 November

Bell Direct
November 19, 2019