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.

Market Update

Julia Lee
February 2, 2018

Market Update

Julia Lee
February 1, 2018

Market Update

Julia Lee
January 31, 2018

Market Update

Julia Lee
January 30, 2018

Equity Investor 29 Jan

Julia Lee
January 30, 2018

Reporting season preview

Julia Lee
January 29, 2018

Market Update

Julia Lee
January 25, 2018

Market Update

Julia Lee
January 24, 2018

Market Update

Julia Lee
January 23, 2018

Market Update

Julia Lee
January 22, 2018

Market Update

Julia Lee
January 22, 2018