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.

Morning Bell 1 November

Bell Direct
November 1, 2019

Morning Bell 1 November

Bell Direct
November 1, 2019

ETF series: S&P Dow Jones Indices

Bell Direct
October 31, 2019

Morning Bell 30 October

Bell Direct
October 30, 2019

Morning Bell 29 October

Bell Direct
October 29, 2019

Morning Bell 28 October

Bell Direct
October 28, 2019

Morning Bell 28 October

Bell Direct
October 28, 2019

Morning Bell 25 October

Bell Direct
October 25, 2019

Morning Bell 24 October

Bell Direct
October 24, 2019

Morning Bell 23 October

Bell Direct
October 23, 2019