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.

Morning Bell 25 March

Grady Wulff
March 25, 2024

Weekly Wrap 22 March

Sophia Mavridis
March 22, 2024

Morning Bell 22 March

Sam Kanaan
March 22, 2024

Market Insights: As Good as Gold

Grady Wulff
March 21, 2024

Morning Bell 21 March

Sophia Mavridis
March 21, 2024

Morning Bell 20 March

Sam Kanaan
March 20, 2024

Morning Bell 19 March

Sam Kanaan
March 19, 2024

Morning Bell 18 March

Sophia Mavridis
March 18, 2024

Weekly Wrap 15 March

Grady Wulff
March 15, 2024

Morning Bell 15 March

Sam Kanaan
March 15, 2024

Morning Bell 14 March

Sophia Mavridis
March 14, 2024

Morning Bell 13 March

Sam Kanaan
March 13, 2024