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.

Morning Bell 28 September

Jessica Amir
September 28, 2020

Weekly Wrap 25 September

Jessica Amir
September 25, 2020

Morning Bell 25 September

Jessica Amir
September 25, 2020

Morning Bell 24 September

Jessica Amir
September 24, 2020

Morning Bell 23 September

Jessica Amir
September 23, 2020

Morning Bell 22 September

Jessica Amir
September 22, 2020

Morning Bell 21 September

Jessica Amir
September 21, 2020

Weekly Wrap 18 September

Jessica Amir
September 18, 2020

Morning Bell 18 September

Bell Direct
September 18, 2020

Morning Bell 17th September

Jessica Amir
September 17, 2020