Skip to main content

Morning Bell 20 January

Jessica Amir
January 20, 2021

The ASX200 is eyeing a 0.2% lift at the open following the 1.2% gain yesterday.

US equities lifted higher overnight, resuming trade after the Martin Luther King public holiday. This saw the S&P500 and NASDAQ gain 0.8% and 1.5% respectively.

What to watch today:

  • Tech stocks are likely to follow the US moving higher. All eyes will be on Afterpay (ASX:APT) and Sezzle (ASX:SZL).
  • Sydney Airport (ASX:SYD) will report December numbers.
  • Australian Pharmaceuticals Industries (ASX:API) holds its AGM.
  • Monthly consumer confidence data will be released with confidence levels at a decade high.

Local trading ideas:

  • TechnologyOne (ASX:TNE) was upgraded to a buy by Bell Potter with a $9.25 price target.
  • Liontown Resources (ASX:LTR) was upgraded to a speculative buy by Bell Potter with a $0.55 price target.
  • Technology Metals (ASX:TMT), SG Fleet (ASX:SGF) and IDP Education (ASX:IEL) are giving off bullish charting signals according to Trading Central.

Market Update 4 Dec

Bell Direct
December 4, 2019

Morning Bell 3 December

Bell Direct
December 3, 2019

Market Update 2 December

Bell Direct
December 2, 2019

November Market Overview

Bell Direct
November 29, 2019

Morning Bell 27 November

Bell Direct
November 27, 2019

Morning Bell 26 November

Bell Direct
November 26, 2019

Market Update 22 November

Bell Direct
November 22, 2019

Closing Bell 20 November

Bell Direct
November 20, 2019

Morning Bell 20 November

Bell Direct
November 20, 2019

Closing Bell 19 November

Bell Direct
November 19, 2019

Morning Bell 19 November

Bell Direct
November 19, 2019