Skip to main content

Morning Bell 14 January

Jessica Amir
January 14, 2021

The ASX200 is eyeing a lift of 0.1% at the open following Wall Street closing mostly higher ahead of the US House impeaching President Donald Trump for a second time.

What to watch today:

  • Building permit numbers are out today with building approvals tipped to have risen 2.6% in November, following the 3.8% lift in October supported by the record low interest rate.
  • Rio Tinto (ASX:RIO) inked a new electricity contract with NZ power supplier Meridian Energy (ASX:MEZ) to keep Rio’s aluminium smelter operating until the end of 2024.
  • Abacus Property Group (ASX:ABP) goes ex-dividend.

Local trading ideas:

  • Morgan Stanley upgraded footwear business Accent Group (ASX:AX1), increasing its price target to $2.60, noting sales momentum should continue but will likely normalise by FY22.
  • Audinate (ASX:AD8) was reiterated as a UBS buy with an $8 price target.
  • Beach Energy (ASX:BPT), Uniti Group (ASX:UWL) and BetMakers Technology Group (ASX:BET) are giving off strong bullish charting signals according to Trading Central.

APN AREIT Fund

Bell Direct
January 24, 2019

Investing in Commercial Property

Julia Lee
January 24, 2019

Market Update

Julia Lee
January 17, 2019

2018 Yearly Wrap

Julia Lee
December 27, 2018

Market Update

Julia Lee
December 21, 2018

Market Update

Julia Lee
December 18, 2018

Market Update

Julia Lee
December 13, 2018

Market Update

Julia Lee
December 5, 2018

Market Update

Julia Lee
December 3, 2018

Market Update

Julia Lee
November 30, 2018

Market Update 28 Nov

Julia Lee
November 29, 2018

November Market Overview

Julia Lee
November 29, 2018