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 29 June

Sophia Mavridis
June 29, 2022

Morning Bell 28 June

Paulina Peters
June 28, 2022

Morning Bell 27 June

Sophia Mavridis
June 27, 2022

Weekly Wrap 24 June

Sophia Mavridis
June 24, 2022

Morning Bell 23 June

Paulina Peters
June 23, 2022

Morning Bell 22 June

Sophia Mavridis
June 22, 2022

Morning Bell 21 June

Paulina Peters
June 21, 2022

Morning Bell 20 June

Sophia Mavridis
June 20, 2022

Weekly Wrap 17 June

Sophia Mavridis
June 17, 2022

Morning Bell 16 June

Paulina Peters
June 16, 2022