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.

How to: Unusual Volume

Bell Direct
September 2, 2020

Morning Bell 2 September

Jessica Amir
September 2, 2020

Morning Bell 1 September

Jessica Amir
September 1, 2020

Morning Bell 31 August

Jessica Amir
August 31, 2020

Weekly Wrap 28 August

Bell Direct
August 28, 2020

Morning Bell 28 August

Jessica Amir
August 28, 2020

Morning Bell 27 August

Jessica Amir
August 27, 2020

Morning Bell 26 August

Bell Direct
August 26, 2020

Morning Bell 25 August

Jessica Amir
August 25, 2020

Morning Bell 24 August

Jessica Amir
August 24, 2020