Skip to main content

Morning Bell 22 July

Jessica Amir
July 22, 2021

This morning the futures are suggesting the Aussie share market will rise 0.9%.

What to watch today:

  • It’s confirmed that Brisbane will host the Olympics in 2032. This means infrastructure will be built over the next 11 years to cater for the Olympic Games. Investors should watch engineering stocks such as Cimic (ASX:CIM) and Downer (ASX:DOW). Also watch construction stocks including Brickworks (ASX:BKW), Adelaide Brighton (ABC) and Boral (ASX:BLD).
  • The oil price jumped 4% overnight, trading above US$70 – and likely to push higher.
  • The iron ore price fell 0.5%, copper rose 0.4% and the coal price eased from its decade high, falling 1.3%.

Trading Ideas:

  • Beach Energy (ASX:BPT) was upgraded by Bell Potter with a new $1.85 price target, implying 52% share price growth in a year. BPT is a BUY stock for Bell Potter, Macquarie and Credit Suisse.
  • James Hardie (ASX:JHX), Redbubble (ASX:RBL) and Coda Minerals (ASX:COD) are all giving off bullish charting signals, according to Trading Central.

Morning Bell 14 August

Jessica Amir
August 14, 2020

Morning Bell 13 August

Bell Direct
August 13, 2020

Morning Bell 12 August

Jessica Amir
August 12, 2020

Morning Bell 11 August

Jessica Amir
August 11, 2020

Morning Bell 10 August

Paulina Peters
August 10, 2020

Weekly Wrap 7 August

Bell Direct
August 7, 2020

Morning Bell 7 August

Geoff Beeston
August 7, 2020