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.

Closing Bell 17 October

Grady Wulff
October 17, 2022

Morning Bell 17 October

Grady Wulff
October 17, 2022

Weekly Wrap 14 October

Grady Wulff
October 14, 2022

Morning Bell 14 October

Sophia Mavridis
October 14, 2022

Closing Bell 13 October

Grady Wulff
October 13, 2022

Morning Bell 13 October

Grady Wulff
October 13, 2022

Closing Bell 12 October

Grady Wulff
October 12, 2022

Morning Bell 12 October

Grady Wulff
October 12, 2022

Closing Bell 11 October

Grady Wulff
October 11, 2022

Morning Bell 11 October

Grady Wulff
October 11, 2022

Closing Bell 10 October

Grady Wulff
October 10, 2022

Morning Bell 10 October

Sophia Mavridis
October 10, 2022