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 23 April

Jessica Amir
April 23, 2021

Morning Bell 22 April

Jessica Amir
April 22, 2021

Morning Bell 21 April

Sophia Mavridis
April 21, 2021

Morning Bell 20 April

Sophia Mavridis
April 20, 2021

Morning Bell 19 April

Paulina Peters
April 19, 2021

Weekly Wrap 16 April

Jessica Amir
April 16, 2021

Morning Bell 16 April

Jessica Amir
April 16, 2021

Morning Bell 15 April

Jessica Amir
April 15, 2021

Morning Bell 14 April

Jessica Amir
April 14, 2021

Morning Bell 13 April

Jessica Amir
April 13, 2021

Morning Bell 12 April

Jessica Amir
April 12, 2021