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 25 March

Jessica Amir
March 25, 2021

Morning Bell 24 March

Jessica Amir
March 24, 2021

Morning Bell 23 March

Jessica Amir
March 23, 2021

Morning Bell 22 March

Jessica Amir
March 22, 2021

Weekly Wrap 19 March

Jessica Amir
March 19, 2021

Morning Bell 19 March

Jessica Amir
March 19, 2021

Morning Bell 18 March

Jessica Amir
March 18, 2021

Morning Bell 17 March

Jessica Amir
March 17, 2021

Morning Bell 16 March

Jessica Amir
March 16, 2021

Morning Bell 15 March

Jessica Amir
March 15, 2021

Weekly Wrap 12 March

Jessica Amir
March 12, 2021

Morning Bell 12 March

Jessica Amir
March 12, 2021