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 29 December

Jessica Amir
December 29, 2020

Morning Bell 24 December

Jessica Amir
December 24, 2020

Morning Bell 23 December

Jessica Amir
December 23, 2020

Morning Bell 22 December

Jessica Amir
December 22, 2020

Morning Bell 21 December

Jessica Amir
December 21, 2020

Weekly Wrap 18 December

Jessica Amir
December 18, 2020

Morning Bell 18 December

Jessica Amir
December 18, 2020

Morning Bell 17 December

Jessica Amir
December 17, 2020

Morning Bell 16 December

Jessica Amir
December 16, 2020

Morning Bell 15 December

Jessica Amir
December 15, 2020

Morning Bell 14 December

Jessica Amir
December 14, 2020