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.

Your Money Your Call

Julia Lee
February 14, 2017

Your Money Your Call

Julia Lee
February 7, 2017

January review

Julia Lee
January 27, 2017

Superannuation Reforms

Bell Direct
January 16, 2017

Market Update

Julia Lee
January 16, 2017

Market Update

Julia Lee
January 13, 2017

Market Update 12 Jan

Julia Lee
January 12, 2017

Market Update

Julia Lee
January 11, 2017

Market Update

Julia Lee
January 9, 2017