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 June

Paulina Peters
June 1, 2021

Morning Bell 31 May

Paulina Peters
May 31, 2021

Weekly Wrap 28 May

Jessica Amir
May 28, 2021

Morning Bell 28 May

Sophia Mavridis
May 28, 2021

Morning Bell 27 May

Paulina Peters
May 27, 2021

Morning Bell 26 May

Jessica Amir
May 26, 2021

Morning Bell 25 May

Jessica Amir
May 25, 2021

Morning Bell 24 May

Jessica Amir
May 24, 2021

Weekly Wrap 21 May

Jessica Amir
May 21, 2021

Morning Bell 21 May

Sophia Mavridis
May 21, 2021

Morning Bell 20 May

Paulina Peters
May 20, 2021