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.

Morning Bell 14 April

Sophia Mavridis
April 14, 2023

Morning Bell 13 April

Grady Wulff
April 13, 2023

Morning Bell 12 April

Grady Wulff
April 12, 2023

Morning Bell 11 April

Sophia Mavridis
April 11, 2023

Morning Bell 6 April

Sophia Mavridis
April 6, 2023

Morning Bell 5 April

Sophia Mavridis
April 5, 2023

Morning Bell 4 April

Sophia Mavridis
April 4, 2023

Morning Bell 3 April

Grady Wulff
April 3, 2023

Weekly Wrap 31 March

Grady Wulff
March 31, 2023

Morning Bell 31 March

Grady Wulff
March 31, 2023

Morning Bell 30 March

Grady Wulff
March 30, 2023

Morning Bell 29 March

Grady Wulff
March 29, 2023