Skip to main content

Morning Bell 8 February

Jessica Amir
February 8, 2021

The ASX200 is eyeing a lift of 0.1% at the open.

The US unemployment rate fell to 6.3% in January, this was better than the projected 6.7% as Americans continue to head back to work. The US Democrats moved forward in the process of passing a $1.9 trillion COVID-19 relief bill without Republican votes.

Imdex (ASX:IMD) and Charter Hall Long WALE REIT (ASX:CLW) report results today.

Local trading ideas:

  • UBS marked Cochlear (ASX:COH) as a sell, forecasting revenue and sales to decline in the half year.
  • Bell Potter increased Cyclopharm’s (ASX:CYC) speculative buy rating with a new price target of $3.40.
  • Immutep (ASX:IMM) had its speculative buy rating upgraded with a new $0.65 target by Bell Potter.
  • Andromeda Metals (ASX:AND), Reckon (ASX:RKN) and Kingston Resources (ASX:KSN) are giving off bullish charting signals according to Trading Central.

Market Update

Julia Lee
January 8, 2018

Market Update

Julia Lee
January 5, 2018

Market Update

Julia Lee
January 4, 2018

Market Update

Julia Lee
January 4, 2018

Market Update

Julia Lee
January 3, 2018

Market Update

Julia Lee
January 2, 2018

Market Update

Julia Lee
January 2, 2018

Market Update

Julia Lee
January 2, 2018

Market Update

Julia Lee
January 2, 2018

Market Update

Julia Lee
December 29, 2017

Market Update

Julia Lee
December 28, 2017