Skip to main content

Morning Bell 8 December

Jessica Amir
December 8, 2020

The ASX200 is eyeing a fall of 0.2% at the open.

People in the UK will be the first to receive the Pfizer BioNTech COVID-19 vaccine today, as the roll-out kicks off in England.

The iron ore price continued its push up 2% to US$144, another new 7-year high as China continues to produce 90 million tonnes of steel a month.

What to watch today:

  • With the iron ore rally, keep an eye on Champion Iron (ASX:CIA), Mount Gibson (ASX:MGX), Mineral Resources (ASX:MIN), Fortescue Metals (ASX:FMG), Rio Tinto (ASX:RIO) and BHP (ASX:BHP).
  • Bank of Queensland (ASX:BOQ) holds its AGM today.
  • NAB business confidence will be released today.

Local trading ideas:

  • With the oil price pulling back, keep an eye on energy companies. Bell Potter’s picks are Byron Energy (ASX:BYE), Cooper Energy (ASX:COE) and Senex Energy (ASX:SXY).
  • Overnight UBS reiterated Santos (ASX:STO) as a Buy with a $6.60 target.
  • PainChek (ASX:PCK), Atomos (ASX:AMS) and Codan (ASX:CDA) are all showing bullish charting signals according to Trading Central.

Weekly Wrap 27 November

Jessica Amir
November 27, 2020

Morning Bell 27 November

Jessica Amir
November 27, 2020

Morning Bell 26 November

Jessica Amir
November 26, 2020

Morning Bell 25 November

Jessica Amir
November 25, 2020

Morning Bell 24 November

Jessica Amir
November 24, 2020

Morning Bell 23 November

Jessica Amir
November 23, 2020

Weekly Wrap 20 November

Jessica Amir
November 20, 2020

Morning Bell 20 November

Jessica Amir
November 20, 2020

Morning Bell 18 November

Jessica Amir
November 18, 2020

Morning Bell 17 November

Jessica Amir
November 17, 2020

Morning Bell 16 November

Jessica Amir
November 16, 2020