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 18 August

Julia Lee
August 18, 2017

Market Update

Julia Lee
August 17, 2017

Market Update

Julia Lee
August 16, 2017

Market Update

Julia Lee
August 15, 2017

Market Update

Julia Lee
August 14, 2017

Weekly Wrap 11 August

Julia Lee
August 11, 2017

Market Update

Julia Lee
August 11, 2017

Market Update

Julia Lee
August 10, 2017

Market Update

Julia Lee
August 10, 2017

Market Update

Julia Lee
August 9, 2017

Weekly Wrap 4 August

Julia Lee
August 8, 2017