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.

Morning Bell 23 March

Paulina Peters
March 23, 2022

Morning Bell 22 March

Paulina Peters
March 22, 2022

Morning Bell 21 March

Sophia Mavridis
March 21, 2022

Weekly Wrap 18 March

Sophia Mavridis
March 18, 2022

Morning Bell 17 March

Paulina Peters
March 17, 2022

Morning Bell 16 March

Sophia Mavridis
March 16, 2022

Morning Bell 15 March

Paulina Peters
March 15, 2022

Morning Bell 14 March

Sophia Mavridis
March 14, 2022

Weekly Wrap 11 March

Sophia Mavridis
March 11, 2022

Morning Bell 10 March

Sophia Mavridis
March 10, 2022

Morning Bell 9 March

Paulina Peters
March 9, 2022

Morning Bell 8 March

Sophia Mavridis
March 8, 2022