Skip to main content

Morning Bell 15 March

Jessica Amir
March 15, 2021

The futures are suggesting a flat start to the week – as Australian bond yields rose back to two-year highs again. So this week, we’ll likely see companies with higher debt like tech stocks sold down, and investors continuing to back banks, and airlines.

What to watch today:

  • RBA Governor’s speech
  • New home sales data out at 11:30am. That will keep building companies on the pulse – like CSR (ASX:CSR), Boral (ASX:BLD) and Brickworks (ASX:BKW).
  • China’s industrial production data for Feb. Keep an eye on rare earths stocks like Lynas (ASX:LYC), Vital Metals (ASX:VML), Northern Minerals (ASX:NTU) and RareX (ASX:REE).
  • S&P/ASX 200 and 300 changes for 22 March announced on Friday. Why is this important? Stocks added to the indices will now be compulsorily acquired by ETF providers and those that were removed will be sold.
  • Keep a watch on iron ore stocks as the iron ore fines price, the most traded, fell almost 2% taking iron ore to a 15-day low. With China cracking down on steel production to cut pollution.

Trading ideas:

  • Bell Potter reiterated Cyclopharm (ASX:CYC) as a Buy with a $3.79 target. CYC will be added to the All Ordinaries (the top 500) index.
  • Noxopharm (ASX:NOX), Ava Risk Group (ASX:AVA) and Navigator Global Investment (ASX:NGI) are all giving off bullish charting signals according to Trading Central.

Market Update

Julia Lee
January 11, 2017

Market Update

Julia Lee
January 9, 2017

Market Update

Julia Lee
January 6, 2017

Market Update

Julia Lee
January 5, 2017

Market Update

Julia Lee
December 23, 2016

Market Update

Julia Lee
December 22, 2016

Stock Rankings 2017 – Bell Potter

Bell Direct
December 22, 2016

Market Open

Julia Lee
December 21, 2016

Market Update

Julia Lee
December 19, 2016

Market Update

Julia Lee
December 16, 2016

Market Update

Julia Lee
December 15, 2016

Market update 14 December

Julia Lee
December 14, 2016