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.

Morning Bell 1 September

Sophia Mavridis
September 1, 2023

Morning Bell 31 August

Grady Wulff
August 31, 2023

Morning Bell 30 August

Grady Wulff
August 30, 2023

Morning Bell 29 August

Sophia Mavridis
August 29, 2023

Morning Bell 28 August

Grady Wulff
August 28, 2023

Weekly Wrap 25 August

Grady Wulff
August 25, 2023

Morning Bell 25 August

Sam Kanaan
August 25, 2023

Morning Bell 24 August

Grady Wulff
August 24, 2023

Morning Bell 23 August

Grady Wulff
August 23, 2023

Morning Bell 22 August

Sam Kanaan
August 22, 2023