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

Julia Lee
April 7, 2017

Market Update

Julia Lee
April 6, 2017

Market Update

Julia Lee
April 5, 2017

Market Update

Julia Lee
April 4, 2017

Market Update

Julia Lee
April 3, 2017

Market Update

Julia Lee
March 31, 2017

Market Update

Julia Lee
March 30, 2017

March Overview

Julia Lee
March 28, 2017

Market Update

Julia Lee
March 27, 2017

Market Update

Julia Lee
March 23, 2017

Market Update

Julia Lee
March 22, 2017