Skip to main content

Morning Bell 22 June

Jessica Amir
June 22, 2021

The Aussie share market is set to open higher, with the futures suggesting the market will rise 1.2%.

What to watch today:

  • NSW has abolished stamp duty costs on electric vehicles (EVs) in a bid to boost EV sales, as part of handing down its state budget today. All eyes will be on companies involved in lithium production, including Galaxy Resources (ASX:GXY), Pilbara (ASX:PLS) and Lake Resources (ASX:LKE).
  • Victoria has invested $5 million into Australia’s first locally manufactured mRNA vaccine. All eyes on CSL Limited (ASX:CSL).
  • The oil price rose above US$73.00 a barrel overnight.
  • The copper price rebounded 1.4% on Monday.
  • The iron ore price last traded at US$217.00 after falling 1.6%.

Trading Ideas:

  • Bega Cheese (ASX:BGA) was reiterated as a Bell Potter BUY with a $7.35 target, implying 21% share price growth in a year.
  • Oneview Healthcare (ASX:ONE), Caravel Minerals (ASX:CVV) and Alcidion (ASX:ALC) are all giving off bullish charting signals according to Trading Central.

Morning Bell 28 August

Jessica Amir
August 28, 2020

Morning Bell 27 August

Jessica Amir
August 27, 2020

Morning Bell 26 August

Bell Direct
August 26, 2020

Morning Bell 25 August

Jessica Amir
August 25, 2020

Morning Bell 24 August

Jessica Amir
August 24, 2020

Weekly Wrap 21 August

Jessica Amir
August 21, 2020

Morning Bell 21 August

Jessica Amir
August 21, 2020

Morning Bell 20 August

Jessica Amir
August 20, 2020