Skip to main content

Morning Bell 26 July

Jessica Amir
July 26, 2021

The Aussie share market is set to open higher, with the futures suggesting a 0.3% lift, taking the market to another record all time high.

What to watch today:

  • In economic news, inflation data will be released on Wednesday. It is expected to show a 3.8% rise in inflation over the year in the last quarter.
  • The oil price lifted slightly to US$72, continuing to bounce back from last Monday’s fall.
  • The copper price rose 2.7%, while iron ore rose over 1%. Following these gains, BHP in New York lifted 1.1%, so it is expected that Australian listed commodity stocks will also do well today.
  • Mining and energy stocks given oil and iron ore rebounds.

Trading Ideas:

  • Health club business Viva Leisure (ASX:VVA) was reiterated as a Citi BUY stock, with a slimmer $2.50 price target, implying 38% share price growth in a year.
  • BrainChip (ASX:BRN), Damstra (ASX:DTC) and FireFinch (ASX:FFX) are all giving off bullish charting signals according to Trading Central.

Market Update

Julia Lee
March 23, 2017

Market Update

Julia Lee
March 22, 2017

Market Update

Julia Lee
March 20, 2017

Market Update

Julia Lee
March 17, 2017

Market Update

Julia Lee
March 16, 2017

Market Update 15 March 2017

Julia Lee
March 15, 2017

How to review your portfolio

Bell Direct
March 14, 2017

Market Update

Julia Lee
March 13, 2017

Market Update

Julia Lee
March 10, 2017

Market Update 9 Mar

Julia Lee
March 9, 2017

Market Update

Julia Lee
March 8, 2017