Skip to main content

Morning Bell 12 October

Jessica Amir
October 12, 2020

Last week the Aussie share market had a cracking week, closing 5.4% higher, its best weekly gain since April. Today the Aussie futures are suggesting a fall of 0.1% at the open.

U.S. equities saw their best weekly gain since July with the NASDAQ and S&P500 closing higher.

What to watch today:

  • Diggers and Dealers, a mining forum kicks off today with 164 companies presenting.
  • Energy stocks closed 9% higher last week, the best week since early April.
  • Frontier Digital Ventures (ASX:FDV) goes ex-dividend today and Opthea (ASX:OPT) holds its AGM.

Local trading ideas:

  • Liontown Resources (ASX:LTR) was upgraded by Bell Potter as a speculative buy with an increased target of $0.32.
  • Citi has upgraded Newcrest Mining (ASX:NCM) to a buy with a $37 target, as its second stage NSW Cadia project has been approved.
  • Silver Lake Resources (ASX:SLR), Musgrave Minerals (ASX:MGV) and Auswide Bank (ASX:ABA) are all showing bullish charting signals according to Trading Central.

Morning Bell 28 September

Jessica Amir
September 28, 2020

Weekly Wrap 25 September

Jessica Amir
September 25, 2020

Morning Bell 25 September

Jessica Amir
September 25, 2020

Morning Bell 24 September

Jessica Amir
September 24, 2020

Morning Bell 23 September

Jessica Amir
September 23, 2020

Morning Bell 22 September

Jessica Amir
September 22, 2020

Morning Bell 21 September

Jessica Amir
September 21, 2020

Weekly Wrap 18 September

Jessica Amir
September 18, 2020

Morning Bell 18 September

Bell Direct
September 18, 2020

Morning Bell 17th September

Jessica Amir
September 17, 2020