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 15 November

Bell Direct
November 15, 2022

Closing Bell 14 November

Grady Wulff
November 14, 2022

Morning Bell 14 November

Grady Wulff
November 14, 2022

Weekly Wrap 11 November

Grady Wulff
November 11, 2022

Morning Bell 11 November

Sophia Mavridis
November 11, 2022

Closing Bell 10 November

Grady Wulff
November 10, 2022

Morning Bell 10 November

Grady Wulff
November 10, 2022

Closing Bell 9 November

Sophia Mavridis
November 9, 2022

Morning Bell 9 November

Grady Wulff
November 9, 2022

Closing Bell 8 November

Grady Wulff
November 8, 2022