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 1 May

Jessica Amir
May 1, 2020

April Market Overview

Jessica Amir
April 30, 2020

Morning Bell 30 April

Jessica Amir
April 30, 2020

Morning Bell 29 April

Jessica Amir
April 29, 2020

Morning Bell 28 April

Jessica Amir
April 28, 2020
Ads

Bell Direct | SIMPLË AS

Bell Direct
April 27, 2020

Morning Bell 27 April

Jessica Amir
April 27, 2020

Weekly Wrap 24 April

Jessica Amir
April 24, 2020

Morning Bell 24 April

Jessica Amir
April 24, 2020