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 4 October

Sophia Mavridis
October 4, 2021

Weekly Wrap 1 October

Jessica Amir
October 1, 2021

Morning Bell 1 October

Sophia Mavridis
October 1, 2021

Morning Bell 30 September

Paulina Peters
September 30, 2021

Morning Bell 29 September

Jessica Amir
September 29, 2021

Morning Bell 28 September

Jessica Amir
September 28, 2021

Morning Bell 27 September

Jessica Amir
September 27, 2021

Weekly Wrap 24 September

Jessica Amir
September 24, 2021

Morning Bell 24 September

Sophia Mavridis
September 24, 2021

Morning Bell 23 September

Paulina Peters
September 23, 2021

Morning Bell 22 September

Jessica Amir
September 22, 2021