Skip to main content

Morning Bell 18 May

Jessica Amir
May 18, 2021

The Aussie share market is set to open higher, the futures suggesting a 0.2% gain.

End of financial year adjustments continue to take place, as investors are moving out of tech and into banking and mining.

What to watch today:

  • The Oil price rose 1%, Gold rose 1.3% and Copper gained 1.3%, while Iron Ore rebounded 2.3%. Watch Aeris Resources (ASX:AIS), BCI Minerals (ASX:BCI) and Zeta Resources (ASX:ZER).
  • James Hardie (ASX:JHX) is set to report company results today.
  • RBA meeting minutes to be released today.
  • The most traded stocks yesterday: Commonwealth Bank (ASX:CBA), Macquarie Group (ASX:MQG), and Afterpay (ASX:APT).

Trading Ideas:

  • Incitec Pivot (ASX:IPL) was upgraded by Citi to a BUY with an increased price target of $2.90.
  • Agriculture and real estate group Elders (ASX:ELD), was upgraded by Citi and Bell Potter. Citi’s 12 month target for (ASX:ELD) is $13.40 and Bell Potter’s new target for (ASX:ELD) is more bullish at $13.75.
  • Westgold Resources (ASX:WGX), BWX (ASX:BWX) and Primewest Group (ASX:PWG) are all giving off bullish charting signals according to Trading Central.

Weekly Wrap 7 August

Bell Direct
August 7, 2020

Morning Bell 7 August

Geoff Beeston
August 7, 2020

Morning Bell 6 August

Paulina Peters
August 6, 2020

Morning Bell 5 August

Geoff Beeston
August 5, 2020

Morning Bell 4 August

Jessica Amir
August 4, 2020

Morning Bell 3 August

Jessica Amir
August 3, 2020

Monthly Wrap July 2020

Jessica Amir
July 31, 2020

Morning Bell 31 July

Jessica Amir
July 31, 2020

Morning Bell 30 July

Jessica Amir
July 30, 2020

Morning Bell 29 July

Jessica Amir
July 29, 2020

How to use ETFs in your portfolio

Bell Direct
July 28, 2020