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.

Weekly Wrap 20 September

Bell Direct
September 20, 2024

Morning Bell 19 September

Bell Direct
September 19, 2024

Morning Bell 18 September

Bell Direct
September 18, 2024

Morning Bell 17 September

Bell Direct
September 17, 2024

Morning Bell 16 September

Bell Direct
September 16, 2024

Weekly Wrap 13 September

Bell Direct
September 13, 2024

Morning Bell 13 September

Bell Direct
September 13, 2024

Morning Bell 12 September

Bell Direct
September 12, 2024

8 minutes with 8 executives

Bell Direct
September 11, 2024

Morning Bell 11 September

Bell Direct
September 11, 2024

Morning Bell 10 September

Bell Direct
September 10, 2024

Morning Bell 9 September

Bell Direct
September 9, 2024