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 24 November

Sam Kanaan
November 24, 2023

Morning Bell 23 November

Grady Wulff
November 23, 2023

Morning Bell 22 November

Grady Wulff
November 22, 2023

Morning Bell 21 November

Sam Kannan
November 21, 2023

Morning Bell 20 November

Grady Wulff
November 20, 2023

Weekly Wrap 17 November

Grady Wulff
November 17, 2023

Morning Bell 17 November

Sam Kanaan
November 17, 2023

Morning Bell 16 November

Sam Kanaan
November 16, 2023

Morning Bell 15 November

Grady Wulff
November 15, 2023

Morning Bell 14 November

Sam Kanaan
November 14, 2023

Morning Bell 13 November

Sophia Mavridis
November 13, 2023