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.

Weekly Wrap 24 April

Jessica Amir
April 24, 2020

Morning Bell 24 April

Jessica Amir
April 24, 2020

Morning Bell 23 April

Jessica Amir
April 23, 2020

Market Update 22 April

Jessica Amir
April 22, 2020

Market Update 21 April

Jessica Amir
April 21, 2020

Market Update 20 April

Jessica Amir
April 20, 2020

Weekly Wrap 17 April

Jessica Amir
April 17, 2020

Market Update 17 April

Jessica Amir
April 17, 2020

Market Update 16 April

Jessica Amir
April 16, 2020

Morning Bell 15 April

Jessica Amir
April 15, 2020

Market Update 9 April

Jessica Amir
April 9, 2020

Weekly Wrap 9 April

Jessica Amir
April 9, 2020