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.

Market Update

Julia Lee
October 31, 2017

Market Update

Julia Lee
October 30, 2017

October review

Julia Lee
October 27, 2017

Market Update

Julia Lee
October 26, 2017

Market Update

Julia Lee
October 25, 2017

Market Update

Julia Lee
October 24, 2017

Market Update

Julia Lee
October 23, 2017

Market Update

Julia Lee
October 19, 2017

Your Money Your Call

Julia Lee
October 18, 2017

Market Update

Julia Lee
October 17, 2017

Market Update

Julia Lee
October 13, 2017