Skip to main content

Morning Bell 28 April

Jessica Amir
April 28, 2021

The futures are suggesting a 0.24% gain today for the Aussie share market – moving past two days of selling.

What to watch today:

  • The Aussie dollar has fallen ever so slightly from its three-year high – making our exports slightly cheaper.
  • The iron ore price rose 0.8% overnight to an almost ten-year high. So in theory it should be a good day for iron ore majors, Fortescue Metals (ASX:FMG), BHP (ASX:BHP) and Rio Tinto (ASX:RIO).
  • Our tech sector could end its three day downtrend today following better than expected results – with the US Tech sector notching its biggest revenue jump since 2018.
  • Australia’s inflation numbers are out today.
  • The most traded stocks from yesterday at Bell Direct: Dicker Data (ASX:DDR), CSL (ASX:CSL) & Fortescue Metals (ASX:FMG).

Trading ideas:

  • GR Engineering (ASX:GNG) was upgraded as a Bell Potter Buy with a $1.50 price target after agreeing to buy an automation and technology engineering company.
  • RMA Global (ASX:RMY) was reiterated as a speculative Bell Potter Buy with a $0.38 price target, implying 35% upside.
  • BNK Banking (ASX:BBC), Aquis Entertainment (ASX:AQS) and Base Resources (ASX:BSE) are all giving off bullish charting signals according to Trading Central.

Closing Bell 13 September

Grady Wulff
September 13, 2022

Morning Bell 13 September

Paulina Peters
September 13, 2022

Closing Bell 12 September

Grady Wulff
September 12, 2022

Morning Bell 12 September

Grady Wulff
September 12, 2022

Weekly Wrap 9 September

Grady Wulff
September 9, 2022

Morning Bell 9 September

Sophia Mavridis
September 9, 2022

Closing Bell 8 September

Grady Wulff
September 8, 2022

Morning Bell 8 September

Grady Wulff
September 8, 2022

Closing Bell 7 September

Grady Wulff
September 7, 2022

Morning Bell 7 September

Sophia Mavridis
September 7, 2022

Closing Bell 6 September

Paulina Peters
September 6, 2022