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.

Weekly Wrap 22 July

Sophia Mavridis
July 22, 2022

Morning Bell 21 July

Paulina Peters
July 21, 2022

Morning Bell 20 July

Sophia Mavridis
July 20, 2022

Morning Bell 19 July

Paulina Peters
July 19, 2022

Morning Bell 18 July

Sophia Mavridis
July 18, 2022

Weekly Wrap 15 July

Sophia Mavridis
July 15, 2022

Morning Bell 14 July

Paulina Peters
July 14, 2022

Morning Bell 13 July

Sophia Mavridis
July 13, 2022

Morning Bell 12 July

Paulina Peters
July 12, 2022

Morning Bell 11 July

Sophia Mavridis
July 11, 2022

Weekly Wrap 8 July

Sophia Mavridis
July 8, 2022

Morning Bell 7 July

Paulina Peters
July 7, 2022