Skip to main content

Morning Bell 9 February

Jessica Amir
February 9, 2021

The ASX200 is eyeing a fall of 0.2% at the open ahead of some property businesses reporting results on the effect of reduced rent and vacancies due to COVID-19.

Keep an eye on some of the most traded stocks from yesterday:

  • Zip (ASX:Z1P) rose 13% and is suggested to rally again. Rent.com.au (ASX:RNT) gained 24% yesterday and early orders suggest another rally could be on the cards. Flexiroam (ASX:FRX) rose 95% yesterday.

Companies reporting today:

  • Dexus (ASX:DXS), Shopping Centres Australasia (ASX:SCP), James Hardie (ASX:JHX), Boral (ASX:BLD), Emeco (ASX:EHL), Challenger (ASX:CGF) and Suncorp (ASX:SUN).

Local trading ideas:

  • IMDEX (ASX:IMD) was upgraded by Bell Potter following its better than expected earnings results handed down yesterday. IMD is a Bell Potter buy with an increased price target of $2.20.
  • Citi reiterated Elders (ASX:ELD) as a buy with a $13 target.
  • Super Retail Group (ASX:SUL), BSA (ASX:BSA) and Andromeda Metals (ASX:AND) are giving off bullish charting signals according to Trading Central.

How to: Unusual Volume

Bell Direct
September 2, 2020

Morning Bell 2 September

Jessica Amir
September 2, 2020

Morning Bell 1 September

Jessica Amir
September 1, 2020

Morning Bell 31 August

Jessica Amir
August 31, 2020

Weekly Wrap 28 August

Bell Direct
August 28, 2020

Morning Bell 28 August

Jessica Amir
August 28, 2020

Morning Bell 27 August

Jessica Amir
August 27, 2020

Morning Bell 26 August

Bell Direct
August 26, 2020

Morning Bell 25 August

Jessica Amir
August 25, 2020

Morning Bell 24 August

Jessica Amir
August 24, 2020