Skip to main content

Morning Bell 27 July

Jessica Amir
July 27, 2021

Yesterday, the Aussie share market reached its highest level of 7,418 points.

Today the futures are suggesting the Aussie share market will lift 0.3% or 19 points.

What to watch today:

  • Australia awaits news on Victoria, South Australia and NSW lockdown restrictions.
  • Virgin Money (ASX:VUK) are set to report their results today.
  • Temple and Webster (ASX:TPW) reported earnings results this morning. TPW’s full year revenue is up 85% and their earnings (EBITDA) are up 141% in the year.
  • Oil Search (ASX:OSH) have reported their quarterly results, with a 22% up in revenue.
  • Oz Minerals (ASX:OZL) have also reported quarterly results, with upgraded full year production.
  • The copper price surged over 4% to its highest level since June. The price was boosted by the news that China sold less reserves than expected.
  • The iron ore price fell 0.4%, while the oil price rose 0.4% to US$72.18.

Trading Ideas:

  • Fresh milk company Synlait Milk (ASX:SM1) was reiterated as a Bell Potter BUY, with an increased price target of $4.40, implying 29% share price growth in a year.
  • Paladin (ASX:PDN), Neometals (ASX:NMT) and Redbubble (ASX:RBL) are all giving off bullish charting signals according to Trading Central.

March Overview

Julia Lee
March 28, 2017

Market Update

Julia Lee
March 27, 2017

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