Skip to main content

Morning Bell 7 April

Jessica Amir
April 7, 2020

The Australian share market is expected to continue to rally at the open, with the futures suggested a 2.4% lift today.

Yesterday the ASX200, gained 4.3% as COVID-19 new cases slowed in Australia, while the energy sector led the charge following its biggest weekly gain in history.

Today further impetus behind us, as US equities surged over 7% higher with the new COVID-19 cases appearing to be slowing there. In Europe cases are slowing, helping the benchmark Stoxx600 end 3.7% up. Meanwhile, the Oil price has held above $26.30 despite losing 8% on uncertainty as to when these crude oil output cuts will come, to stabilise the market.

Investors will be watching: The RBA meets today for its April monthly meeting- with rates expected to remain on hold. Also keep your eyes out for Australian export and import figures, both of which are expected to have slowed in February. So I’d be watching some of Australia’s biggest exporters, BHP (ASX:BHP), Fortescue Metals Group (ASX:FMG), Woodside Petroleum (ASX:WPL), CSL (ASX:CSL), packaging business Amcor (ASX:AMC), gold miner Newcrest Mining (ASX:NCM) and port company Qube (ASX:QUB).

Closing Bell 25 October

Sophia Mavridis
October 25, 2022

Morning Bell 25 October

Sophia Mavridis
October 25, 2022

Closing Bell 24 October

Grady Wulff
October 24, 2022

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