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 16 October

Jessica Amir
October 16, 2020

Morning Bell 16 October

Jessica Amir
October 16, 2020

Morning Bell 15 October

Jessica Amir
October 15, 2020

Morning Bell 14 October

Jessica Amir
October 14, 2020

Morning Bell 13 October

Jessica Amir
October 13, 2020

Morning Bell 12 October

Jessica Amir
October 12, 2020

Weekly Wrap 9 October

Jessica Amir
October 9, 2020

Morning Bell 9 October

Jessica Amir
October 9, 2020

Morning Bell 8 October

Jessica Amir
October 8, 2020

Morning Bell 7 October

Jessica Amir
October 7, 2020

Morning Bell 6 October

Jessica Amir
October 6, 2020

Morning Bell 5 October

Jessica Amir
October 5, 2020