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 24 October

Grady Wulff
October 24, 2022

Weekly Wrap 21 October

Grady Wulff
October 21, 2022

Morning Bell 21 October

Sophia Mavridis
October 21, 2022

Closing Bell 20 October

Grady Wulff
October 20, 2022

Morning Bell 20 October

Grady Wulff
October 20, 2022

Closing Bell 19 October

Grady Wulff
October 19, 2022

Morning Bell 19 October

Grady Wulff
October 19, 2022

Closing Bell 18 October

Grady Wulff
October 18, 2022

Morning Bell 18 October

Sophia Mavridis
October 18, 2022

Closing Bell 17 October

Grady Wulff
October 17, 2022

Morning Bell 17 October

Grady Wulff
October 17, 2022

Weekly Wrap 14 October

Grady Wulff
October 14, 2022