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 19 July

Paulina Peters
July 19, 2022

Morning Bell 18 July

Sophia Mavridis
July 18, 2022

Weekly Wrap 15 July

Sophia Mavridis
July 15, 2022

Morning Bell 14 July

Paulina Peters
July 14, 2022

Morning Bell 13 July

Sophia Mavridis
July 13, 2022

Morning Bell 12 July

Paulina Peters
July 12, 2022

Morning Bell 11 July

Sophia Mavridis
July 11, 2022

Weekly Wrap 8 July

Sophia Mavridis
July 8, 2022

Morning Bell 7 July

Paulina Peters
July 7, 2022

Morning Bell 6 July

Sophia Mavridis
July 6, 2022

Morning Bell 5 July

Paulina Peters
July 5, 2022