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 1 November

Bell Direct
November 1, 2019

ETF series: S&P Dow Jones Indices

Bell Direct
October 31, 2019

Morning Bell 30 October

Bell Direct
October 30, 2019

Morning Bell 29 October

Bell Direct
October 29, 2019

Morning Bell 28 October

Bell Direct
October 28, 2019

Morning Bell 28 October

Bell Direct
October 28, 2019

Morning Bell 25 October

Bell Direct
October 25, 2019

Morning Bell 24 October

Bell Direct
October 24, 2019

Morning Bell 23 October

Bell Direct
October 23, 2019