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.

Morning Bell 1 August

Sam Kanaan
August 1, 2023

Morning Bell 31 July

Grady Wulff
July 31, 2023

Weekly Wrap 28 July

Grady Wulff
July 28, 2023

Morning Bell 28 July

Sam Kanaan
July 28, 2023

Morning Bell 27 July

Grady Wulff
July 27, 2023

Morning Bell 26 July

Grady Wulff
July 26, 2023

Morning Bell 25 July

Sophia Mavridis
July 25, 2023

Morning Bell 24 July

Grady Wulff
July 24, 2023

Weekly Wrap 21 July

Grady Wulff
July 21, 2023

Morning Bell 21 July

Sophia Mavridis
July 21, 2023

Morning Bell 20 July

Sophia Mavridis
July 20, 2023

Morning Bell 19 July

Grady Wulff
July 19, 2023