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.

Morning Bell 7 November

Bell Direct
November 7, 2024

Morning Bell 6 November

Bell Direct
November 6, 2024

Morning Bell 5 November

Bell Direct
November 5, 2024

Morning Bell 4 November

Bell Direct
November 4, 2024

Weekly Wrap 1 November

Bell Direct
November 1, 2024

Morning Bell 31 October

Bell Direct
October 31, 2024

Morning Bell 30 October

Bell Direct
October 30, 2024

Morning Bell 29 October

Bell Direct
October 29, 2024

Morning Bell 28 October

Bell Direct
October 28, 2024

Weekly Wrap 25 October

Bell Direct
October 25, 2024

Morning Bell 24 October

Bell Direct
October 24, 2024

Morning Bell 23 October

Bell Direct
October 23, 2024