Skip to main content

Morning Bell 6 May

Paulina Peters
May 6, 2021

Aussie share market set to open higher following US equities strong earnings results, with the futures suggesting 0.07% lift.

What to watch today:

  • National Australia Bank (ASX:NAB) reported its H12021 results today. It reported cash earnings of $3.343 billion, which is 35.1% higher compared with H12020.
  • Vehicle mobility solutions business Eclipx Group (ASX:ECX) to report today.
  • The Oil price dipped despite declining inventory, the Gold price lifted following a retreat in the US dollar, and iron ore continues to trade at a record high.
  • AGMs today include Genworth Mortgage (ASX:GMA), Iress (ASX:IRE) and TPG Telecom (ASX:TPG).
  • The most traded stocks by Bell Direct clients yesterday: Australia and New Zealand (ASX:ANZ), Afterpay (ASX:APT) and Flight Centre (ASX:FLT).

Trading ideas:

  • One of the world’s largest producers of high-quality metallurgical coal, Coronado Global Resources (ASX:CRN) had its BUY rating reiterated by Bell Potter.
  • City Chic Collective (ASX:CCX) also maintains its BUY rating, with an increased price target of $4.90.
  • South32 (ASX:S32), Worley (WOR) and Tesserent (ASX:TNT) are all showing bullish charting signals according to Trading Central.

February Market Overview

Jessica Amir
February 28, 2020

Morning Bell 28 February

Jessica Amir
February 28, 2020

Morning Bell 27 February

Jessica Amir
February 27, 2020

Market Update 26 February

Jessica Amir
February 26, 2020

Morning Bell 25 February

Jessica Amir
February 25, 2020

Reporting season: Appen (ASX:APX)

Jessica Amir
February 24, 2020

Morning Bell 24 February

Paulina Peters
February 24, 2020

Weekly Wrap 21 February

Jessica Amir
February 21, 2020

Morning Bell 21 February

Jessica Amir
February 21, 2020