Skip to main content

Morning Bell 3 May

Jessica Amir
May 3, 2021

The Aussie share market is set to open lower with the futures suggesting a 0.1% slip. It’s a big week for economic news with banks set to report earnings results.

What to watch today:

  • Westpac (ASX:WBC) reported their half year results this morning with statutory net profit of $3.4 billion.
  • ANZ Bank (ASX:ANZ) reports on Wednesday and National Australia Bank (ASX:NAB) reports on Thursday.
  • Commonwealth Bank (ASX:CBA) to provide quarterly update the following week.
  • Watch earnings results from Amcor (ASX:AMC) and Pendal (ASX:PDL) this week.
  • AGMs to be held for QBE Insurance (ASX:QBE), Rio Tinto (ASX:RIO) and Goodman Group (ASX:GMG).
  • Commodity stocks are likely to see activity today: Oil price fell 2% on the weekend, and the Iron Ore price is up 0.2% overnight, its highest level in almost 10 years.
  • Most traded stocks from Bell Direct on Friday: Sydney Airport (ASX:SYD), Qantas (ASX:QAN) and Flight Centre (ASX:FLT). Advised clients traded Magellan Global Fund (ASX:MGF).

Trading ideas:

  • Bubs Australia Ltd (ASX:BUB) is a speculative Bell Potter HOLD, trading at a year low and on a downtrend.
  • Pointsbet (ASX:PBH), Super Retail Group (ASX;SUL) and Enero Group (ASX:EGG) are all giving off bullish charting signals according to Trading Central.

Morning Bell 9 February

Jessica Amir
February 9, 2021

Morning Bell 8 February

Jessica Amir
February 8, 2021

Weekly Wrap 5 February

Jessica Amir
February 5, 2021

Morning Bell 5 February

Jessica Amir
February 5, 2021

Morning Bell 4 February

Jessica Amir
February 4, 2021

Morning Bell 3 February

Jessica Amir
February 3, 2021

Morning Bell 2 February

Jessica Amir
February 2, 2021

Morning Bell 1 February

Jessica Amir
February 1, 2021

Morning Bell 29 January

Jessica Amir
January 29, 2021

Morning Bell 28 January

Paulina Peters
January 28, 2021