Skip to main content

Morning Bell 12 February

Jessica Amir
February 12, 2021

The ASX200 is eyeing a flat open.

Companies reporting results:

  • Mirvac Group (ASX:MGR) reported a 36% drop in attributed half-year profit to $351.5 million.
  • Arena REIT (ASX:ARF) reported its net profit rose 45%.
  • Baby Bunting (ASX:BBN) reported its net profit rose 55% in the year but didn’t give future guidance amid COVID-19 uncertainty.
  • Genworth Mortgage Insurance (ASX:GMA) results revealed an annual loss of $107.6 million and it declared it won’t pay a final dividend.

Yesterday’s top traded stocks:

  • Zip (ASX:Z1P), Rent.com.au (ASX:RNT), Renascor Resources (ASX:RNU) and Fortescue Metals (ASX:FMG).

Local trading ideas:

  • GrainCorp Ltd (ASX:GNC) was upgraded by Bell Potter following its better than expected trading update.
  • AMP (ASX:AMP) was upgraded to a Bell Potter buy with a $2.25 price target.
  • VRX Silica (ASX:VRX), Whispir (ASX:WSP) and Kathmandu Holdings (ASX:KMD) are giving off bullish charting signals according to Trading Central.

Weekly Wrap 9 August

Grady Wulff
August 9, 2024

Morning Bell 9 August

Sam Kanaan
August 9, 2024

Morning Bell 8 August

Bell Direct
August 8, 2024

Morning Bell 31 July

Sam Kanaan
July 31, 2024

Morning Bell 30 July

Sam Kanaan
July 30, 2024

Morning Bell 29 July

Grady Wulff
July 29, 2024

Weekly Wrap 26 July

Grady Wulff
July 26, 2024

Morning Bell 26 July

Sam Kanaan
July 26, 2024

Morning Bell 25 July

Grady Wulff
July 25, 2024

Morning Bell 24 July

Grady Wulff
July 24, 2024

Morning Bell 23 July

Sam Kanaan
July 23, 2024