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.

Morning Bell 22 April

Jessica Amir
April 22, 2021

Morning Bell 21 April

Sophia Mavridis
April 21, 2021

Morning Bell 20 April

Sophia Mavridis
April 20, 2021

Morning Bell 19 April

Paulina Peters
April 19, 2021

Weekly Wrap 16 April

Jessica Amir
April 16, 2021

Morning Bell 16 April

Jessica Amir
April 16, 2021

Morning Bell 15 April

Jessica Amir
April 15, 2021

Morning Bell 14 April

Jessica Amir
April 14, 2021

Morning Bell 13 April

Jessica Amir
April 13, 2021

Morning Bell 12 April

Jessica Amir
April 12, 2021

Weekly Wrap 9 April

Jessica Amir
April 9, 2021