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.

Closing Bell 30 January

Grady Wulff
January 30, 2023

Morning Bell 30 January

Grady Wulff
January 30, 2023

Closing Bell 25 January

Grady Wulff
January 25, 2023

Morning Bell 25 January

Grady Wulff
January 25, 2023

Closing Bell 24 January

Grady Wulff
January 24, 2023

Morning Bell 24 January

Grady Wulff
January 24, 2023

Closing Bell 23 January

Grady Wulff
January 23, 2023

Morning Bell 23 January

Bell Direct
January 23, 2023

Weekly Wrap 20 January

Grady Wulff
January 20, 2023

Morning Bell 20 January

Grady Wulff
January 20, 2023

Closing Bell 19 January

Grady Wulff
January 19, 2023

Morning Bell 19 January

Sophia Mavridis
January 19, 2023