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.

Morning Bell 18 February

Jessica Amir
February 18, 2020

Morning Bell 17 February

Paulina Peters
February 17, 2020

Morning Bell 14 February

Jessica Amir
February 14, 2020

Morning Bell 11 February

Jessica Amir
February 11, 2020

Morning Bell 10 February

Jessica Amir
February 10, 2020

Morning Bell 7 February

Jessica Amir
February 7, 2020

Reporting season: Mirvac results

Jessica Amir
February 6, 2020

Morning Bell 6 February

Jessica Amir
February 6, 2020