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 2 June

Jessica Amir
June 2, 2021

Morning Bell 1 June

Paulina Peters
June 1, 2021

Morning Bell 31 May

Paulina Peters
May 31, 2021

Weekly Wrap 28 May

Jessica Amir
May 28, 2021

Morning Bell 28 May

Sophia Mavridis
May 28, 2021

Morning Bell 27 May

Paulina Peters
May 27, 2021

Morning Bell 26 May

Jessica Amir
May 26, 2021

Morning Bell 25 May

Jessica Amir
May 25, 2021

Morning Bell 24 May

Jessica Amir
May 24, 2021

Weekly Wrap 21 May

Jessica Amir
May 21, 2021

Morning Bell 21 May

Sophia Mavridis
May 21, 2021