Skip to main content

Morning Bell 24 December

Jessica Amir
December 24, 2020

The ASX200 is eyeing a lift of 0.7% at the open, with the market closing early today, closed for Christmas tomorrow and Monday.

European markets made gains overnight on hopes that a Brexit trade deal would be done and on the back of France opening its border to England on Wednesday.

In the US, Americans filing for unemployment benefits fell from a 3-week high. Pfizer and BioNTech inked a deal with the US Government to rollout an extra 100 million vaccines.

Local trading ideas:

  • Citi called out EOS (ASX:EOS) and FINEOS (ASX:FCL) as buys with $7.75 and $4.60 price targets respectively.
  • Asaleo Care (ASX:AHY) was downgraded to a hold from a buy by Citi after AHY received a takeover offer that it recommends shareholders do not take action on.
  • Kathmandu Holdings (ASX:KMD), Money3 (ASX:MNY) and Harvest Technology Group (ASX:HTG) are all showing bullish charting signals according to Trading Central.

XTBs

Bell Direct
May 17, 2017

Market Update

Julia Lee
May 15, 2017

Market Update

Julia Lee
May 12, 2017

Market Update

Julia Lee
May 11, 2017

Market Update

Julia Lee
May 10, 2017

Market Update

Julia Lee
May 8, 2017

Market Update

Julia Lee
May 5, 2017

Market Update

Julia Lee
May 4, 2017

Market Update

Julia Lee
May 3, 2017

Market Update

Julia Lee
May 2, 2017

Market Update

Julia Lee
May 1, 2017

Market Update

Julia Lee
April 28, 2017