Skip to main content

Morning Bell 24 May

Jessica Amir
May 24, 2021

The Aussie share market is set to fall, with the futures suggesting the market will open 0.1% lower.

What to watch today:

  • Coal futures are trading at their highest levels since 2018, so keep an eye on Coronado Global Resources (ASX:CRN).
  • Oil stocks will be in focus, gaining 3% to $63.72 a barrel, as a storm in the Gulf of Mexico is expected to restrict supply.
  • Gold stocks are in focus, trading higher for the 7th session.
  • Iron ore rises again to US$200.
  • Elders Limited (ASX:ELD) and Centuria Capital Group (ASX:CNI) go ex-dividend this week.
  • Aristocrat Leisure (ASX:ALL) and Select Harvests (ASX:SHV) set to report company results today.
  • In economic news, construction work completed for the quarter is released on Wednesday and private sector spending data is released for the quarter on Thursday.
  • Most traded stocks by Bell Direct clients on Friday: Tyro Payments (ASX:TYR), Fortescue Metals Group (ASX:FMG) and Kogan (ASX:KGN).

Trading Ideas:

  • Life360 (ASX:360) has been reiterated as a Buy by Bell Potter with a $7.00 price target.
  • Galan Lithium (ASX:GLN), Empired (ASX:EPD) and Bank of Queensland (ASX:BOQ) are all giving off bullish charting signals according to Trading Central.

Market Update

Julia Lee
January 4, 2018

Market Update

Julia Lee
January 4, 2018

Market Update

Julia Lee
January 3, 2018

Market Update

Julia Lee
January 2, 2018

Market Update

Julia Lee
January 2, 2018

Market Update

Julia Lee
January 2, 2018

Market Update

Julia Lee
January 2, 2018

Market Update

Julia Lee
December 29, 2017

Market Update

Julia Lee
December 28, 2017

Market Update

Julia Lee
December 28, 2017

Market Update 27 December

Julia Lee
December 27, 2017