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 23 January

Jessica Amir
January 23, 2020

Morning Bell 22 January

Jessica Amir
January 22, 2020

Morning Bell 21 January

Jessica Amir
January 21, 2020

Morning Bell 20 January

Jessica Amir
January 20, 2020

Morning Bell 17 January

Jessica Amir
January 17, 2020

Morning Bell 15 January

Jessica Amir
January 15, 2020

Morning Bell 14 January

Jessica Amir
January 14, 2020

Morning Bell 13 January

Jessica Amir
January 13, 2020

Morning Bell 9 January

Jessica Amir
January 9, 2020

Morning Bell 8 January

Jessica Amir
January 8, 2020

Morning Bell 3 January

Jessica Amir
January 3, 2020

Morning Bell 2 January

Jessica Amir
January 2, 2020