Skip to main content

Morning Bell 24 June

Jessica Amir
June 24, 2020

The Aussie share market is eyeing a 3rd day of gains with the futures suggesting a 0.2% lift at the open after global equities charged and ratings agency Moody’s affirmed Australia’s AAA rating.

What to watch today:

  • CSR (ASX:CSR) holds its AGM.
  • Following the gold rush, keep an eye on gold companies like Gold Road Resources (ASX:GOR), Newcrest Mining (ASX:NCM), Northern Star Resources (ASX:NST), Evolution Mining (ASX:EVN), IGO Ltd (ASX:IGO) & St Barbara (ASX:SBM).

Local trading ideas:

  • AMP (ASX:AMP) was reiterated as a buy by Bell Potter, increasing its target to $2.50 as AMP is set to receive $1.1 billion following the sales of its life insurance business on 30 June.
  • Woolworths (ASX:WOW) was reiterated as a buy by UBS following the supermarket’s stronger sales numbers announced yesterday, but weaker than expected profit.
  • Perenti Global (ASX:PRN) mining services company was reiterated as a buy by UBS but it dropped its price target to $2.00.
  • Citi reiterated Harvey Norman (ASX:HVN) as a buy with a price target of $4.60.

Setting up your SMSF

Olivia Long
April 2, 2020

Key Benefits of an SMSF

Olivia Long
April 2, 2020

The Bell Direct SMSF Service

Olivia Long
April 2, 2020

Morning Bell 2 April

Jessica Amir
April 2, 2020

Market Update 1 April

Jessica Amir
April 1, 2020

March Market Overview

Jessica Amir
March 31, 2020

Morning Bell 25 March

Jessica Amir
March 25, 2020

Weekly Wrap 20 March

Bell Direct
March 20, 2020

Market Update 20 March

Jessica Amir
March 20, 2020

Market Update 19 March

Jessica Amir
March 19, 2020

Morning Bell 18 March

Jessica Amir
March 18, 2020