Skip to main content

Morning Bell 23 June

Jessica Amir
June 23, 2021

US equities rose overnight, with all three indices closing with gains.

However, the Aussie share market is set for a flat start, with the futures suggesting the market will fall 0.1%.

What to watch today:

  • As NSW COVID-19 cases rise, restrictions are likely to remain in place until the 30th June. The travel bubble between New Zealand and NSW has been put on pause for 72 hours. Watch Sydney Airport (ASX:SYD) and Air New Zealand (ASX:AIZ).
  • Uranium stocks are in the limelight as Prime Minister Scott Morrison lays the groundwork for a nuclear energy election plan. Keep an eye on Paladin Energy (ASX:PDN), Boss Energy (ASX:BOE) and Deep Yellow (ASX:DYL).
  • The oil price is holding at US$73.00 a barrel, at its highest level in 3 years.
  • Copper holds steady after a volatile week last week, after falling 7%.
  • The iron ore price gained 0.3%.

Trading Ideas:

  • Propel Funeral Partners (ASX:PFP) was upgraded as a Bell Potter BUY with a new $4.25 target, implying a 13% share price growth in a year.
  • West African Resources (ASX:WAF), Emeco Holdings (ASX:EHL) and Senex Energy (ASX:SXY) are all giving off bullish charting signals according to Trading Central.

Morning Bell 12 January

Jessica Amir
January 12, 2021

Morning Bell 11 January

Jessica Amir
January 11, 2021

Morning Bell 8 January

Paulina Peters
January 8, 2021

Morning Bell 7 January

Paulina Peters
January 7, 2021

Morning Bell 6 January

Paulina Peters
January 6, 2021

Morning Bell 5 January

Jessica Amir
January 5, 2021

Morning Bell 4 January

Jessica Amir
January 4, 2021

Morning Bell 30 December

Jessica Amir
December 30, 2020

Morning Bell 29 December

Jessica Amir
December 29, 2020

Morning Bell 24 December

Jessica Amir
December 24, 2020

Morning Bell 23 December

Jessica Amir
December 23, 2020