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.

Equity Investor

Julia Lee
February 27, 2018

Market Update

Julia Lee
February 21, 2018

Equity Investor 19 February

Julia Lee
February 20, 2018

Market Update

Julia Lee
February 19, 2018

Weekly Wrap 16 February

Julia Lee
February 16, 2018

Market Update

Julia Lee
February 14, 2018

Equity Investor 12 February

Julia Lee
February 13, 2018

Weekly Wrap 9 February

Julia Lee
February 9, 2018

Equity Investor 5 February

Julia Lee
February 6, 2018

Market Update

Julia Lee
February 6, 2018

Market Update

Julia Lee
February 5, 2018

Weekly Wrap 2 February

Julia Lee
February 5, 2018