Skip to main content

Morning Bell 25 May

Jessica Amir
May 25, 2020

Aussies shares are eyeing a 1.2% rise at the open going by the futures, despite global equities closing mixed on Friday amid simmering China-U.S tension.

Two trading ideas for today:

  • Bell Potter upgraded NAB (ASX:NAB) from a hold to a buy with a price target of $17.30, implying 12% yearly growth from its $15.32 close price on Friday.
  • Australian Finance Group (AFG) issued over 12 million new shares onto the market following a capital raising and looking at Trading Central’s charts it’s showing more bullish signals.

Investors will be watching:

  • Eclipx Group (ASX:ECX)
  • China is seeking to impose a National Security law on Hong Kong, which threatens Hong Kong’s future as a regional financial hub.
  • US futures are currently trading higher, suggesting a positive open when Wall Street opens. But if China imposes the law and Hong Kong retaliates, keep an eye on your ASX200, GEAR or BEAR holdings.

Morning Bell 31 October

Sam Kanaan
October 31, 2023

Morning Bell 30 October

Grady Wulff
October 30, 2023

Weekly Wrap 27 October

Grady Wulff
October 27, 2023

Morning Bell 27 October

Sam Kanaan
October 27, 2023

Morning Bell 26 October

Grady Wulff
October 26, 2023

Morning Bell 25 October

Sophia Mavridis
October 25, 2023

Morning Bell 24 October

Sam Kanaan
October 24, 2023

Morning Bell 23 October

Grady Wulff
October 23, 2023

Weekly Wrap 20 October

Grady Wulff
October 20, 2023

Morning Bell 20 October

Sam Kanaan
October 20, 2023

Morning Bell 19 October

Grady Wulff
October 19, 2023

Morning Bell 18 October

Grady Wulff
October 18, 2023