Skip to main content

Morning Bell 17 May

Jessica Amir
May 17, 2021

The Aussie share market is set to open higher, with the futures suggesting a 0.7% gain.

Investors continue to buy into tech stocks, after last weeks pull back.

What to watch today:

  • Watch Tech stocks: Afterpay (ASX:APT), Xero (ASX:XRO) and Seek (ASX:SEK).
  • The Iron Ore price continues to pull back. Watch Fortescue Metals Group (ASX:FMG), Magnetite Mines (ASX:MGT), Mineral Resources (ASX:MIN), BCI Minerals (ASX:BCI), and Champion Iron (ASX:CIA).
  • Incitec Pivot Limited (ASX:IPL), Temple & Webster Group  (ASX:TPW) and Elders (ASX:ELD) are set to report today.
  • This week: RBA meeting minutes to be released on Tuesday and Consumer Confidence released on Wednesday. Watch JB Hi-Fi (ASX:JBH), Afterpay (ASX:APT), Harvey Norman (ASX:HVN) and Breville Group (ASX:BRG). In addition, unemployment data will be released on Thursday and April retail sales will be released on Friday.
  • Most traded stocks from Friday included Xero (ASX:XRO) and Woodside Petroleum (ASX:WPL).

Trading Ideas:

  • Bell Potter have reiterated a speculative Buy recommendation on Avita Medical (ASX:AVH), dropping their price target to $10.50.
  • Nick Scali (ASX:NCK), Ansell (ASX:ANN) and Integral Diagnostics (ASX:IDX) are all giving off bullish charting signals according to Trading Central.

Weekly Wrap 6 September

Bell Direct
September 6, 2024

Morning Bell 5 September

Sam Kanaan
September 5, 2024

Morning Bell 4 September

Bell Direct
September 4, 2024

Morning Bell 3 September

Bell Direct
September 3, 2024

Morning Bell 2 September

Bell Direct
September 2, 2024

Weekly Wrap 30 August

Bell Direct
August 30, 2024

Morning Bell 30 August

Bell Direct
August 30, 2024

Morning Bell 29 August

Bell Direct
August 29, 2024

Morning Bell 28 August

Bell Direct
August 28, 2024

Morning Bell 27 August

Bell Direct
August 27, 2024

Morning Bell 26 August

Bell Direct
August 26, 2024