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.

February newsletter Julia’s insights

Julia Lee
February 24, 2017

CEO interview – Cobalt Blue

Bell Direct
February 21, 2017

Your Money Your Call

Julia Lee
February 14, 2017

Your Money Your Call

Julia Lee
February 7, 2017

January review

Julia Lee
January 27, 2017

Superannuation Reforms

Bell Direct
January 16, 2017

Market Update

Julia Lee
January 16, 2017

Market Update

Julia Lee
January 13, 2017

Market Update 12 Jan

Julia Lee
January 12, 2017