Skip to main content

Morning Bell 27 May

Paulina Peters
May 27, 2021

All three US benchmarks rose slightly overnight following US shares linked to the economic reopening lifting.

The Aussie share market is set to follow Wall Street’s lead with the futures suggesting the market will lift 0.04% to 7,093.

What to watch:

  • Private Capital Expenditure data will be released today at 11:30am.
  • Fisher & Paykel Healthcare (ASX:FPH) released its full year results this morning with net profit up 82%.
  • AGMs today include Spark Infrastructure (ASX:SKI), Costa Group Holdings (ASX:CGC), Coronado Global Resources (ASX:CRN).
  • The most traded stocks by Bell Direct clients yesterday were PPK Group (ASX:PPK), Kogan (ASX:KGN) and Imugene (ASX:IMU).
  • The Oil price lifted slightly, about 0.05% off the back of stronger demand outlook as US inventories fell, while the Gold price eased below US$1,900 following a rebounding dollar and US Treasury Yields dimming its appeal. And Silver is trading down 1%.

Trading ideas:

  • Bell Potter have maintained their BUY recommendation on media company, IVE Group (ASX:IGL), with a price target of $1.70.
  • Bell Potter have also maintained their BUY recommendation on intellectual property company QANTM IP (ASX:QIP) with a price target of $1.55, implying about 44% share price growth.
  • Adairs (ASX:ADH), Hazer Group (ASX:HZR) and Noxopharm (ASX:NOX) are all giving off bullish charting signals according to Trading Central.

APN AREIT Fund

Bell Direct
January 24, 2019

Investing in Commercial Property

Julia Lee
January 24, 2019

Market Update

Julia Lee
January 17, 2019

2018 Yearly Wrap

Julia Lee
December 27, 2018

Market Update

Julia Lee
December 21, 2018

Market Update

Julia Lee
December 18, 2018

Market Update

Julia Lee
December 13, 2018

Market Update

Julia Lee
December 5, 2018

Market Update

Julia Lee
December 3, 2018

Market Update

Julia Lee
November 30, 2018

Market Update 28 Nov

Julia Lee
November 29, 2018

November Market Overview

Julia Lee
November 29, 2018