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.

Market Update 6 March

Jessica Amir
March 6, 2020

Morning Bell 5 March

Jessica Amir
March 5, 2020

Market Update 4 March

Jessica Amir
March 4, 2020

Morning Bell 3 March

Jessica Amir
March 3, 2020

Morning Bell 2 March

Jessica Amir
March 2, 2020

February Market Overview

Jessica Amir
February 28, 2020

Morning Bell 28 February

Jessica Amir
February 28, 2020

Morning Bell 27 February

Jessica Amir
February 27, 2020

Market Update 26 February

Jessica Amir
February 26, 2020