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 6 May

Paulina Peters
May 6, 2021

Morning Bell 5 May

Jessica Amir
May 5, 2021

Morning Bell 4 May

Jessica Amir
May 4, 2021

Morning Bell 3 May

Jessica Amir
May 3, 2021

Weekly Wrap 30 April

Jessica Amir
April 30, 2021

Morning Bell 30 April

Sophia Mavridis
April 30, 2021

Morning Bell 29 April

Paulina Peters
April 29, 2021

Morning Bell 28 April

Jessica Amir
April 28, 2021

Morning Bell 27 April

Jessica Amir
April 27, 2021

Morning Bell 26 April

Jessica Amir
April 26, 2021

Weekly Wrap 23 April

Jessica Amir
April 23, 2021