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 30 October

Jessica Amir
October 30, 2020

Morning Bell 29 October

Jessica Amir
October 29, 2020

Morning Bell 28 October

Jessica Amir
October 28, 2020

Morning Bell 27 October

Jessica Amir
October 27, 2020

Morning Bell 26 October

Jessica Amir
October 26, 2020

Weekly Wrap 23 October

Jessica Amir
October 23, 2020

Morning Bell 23 October

Jessica Amir
October 23, 2020

Morning Bell 22 October

Jessica Amir
October 22, 2020

Morning Bell 21 October

Jessica Amir
October 21, 2020

Morning Bell 20 October

Jessica Amir
October 20, 2020

Morning Bell 19 October

Jessica Amir
October 19, 2020