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 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

Closing Bell 17 October

Grady Wulff
October 17, 2022

Morning Bell 17 October

Grady Wulff
October 17, 2022

Weekly Wrap 14 October

Grady Wulff
October 14, 2022

Morning Bell 14 October

Sophia Mavridis
October 14, 2022