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.

Weekly Wrap 23 August

Bell Direct
August 23, 2024

Morning Bell 22 August

Grady Wulff
August 22, 2024

Morning Bell 21 August

Bell Direct
August 21, 2024

Morning Bell 20 August

Bell Direct
August 20, 2024

Morning Bell 19 August

Bell Direct
August 19, 2024

Weekly Wrap 16 August

Bell Direct
August 16, 2024

Morning Bell 15 August

Bell Direct
August 15, 2024

Morning Bell 14 August

Grady Wulff
August 14, 2024

Morning Bell 13 August

Bell Direct
August 13, 2024

Morning Bell 12 August

Grady Wulff
August 12, 2024