Skip to main content

Morning Bell 9 March

Jessica Amir
March 9, 2021

The Aussie share market is expected to lift 0.7% if the futures are correct with the focus to be on commodity and cyclicals stocks.

What to watch today:

  • DDH1 (ASX:DDH) is expected to float on the ASX today at 1pm, the second biggest IPO this year.
  • Lithium major and UBS buy, Galaxy Resources (ASX:GXY) is set to bounce after releasing its Preliminary Economic Assessment for its Quebec project in Canada. This allows Galaxy to advance the project straight into engineering phase. • Resilient iron ore stocks could see a rally as the iron ore price rose 0.3% to US$173
  • Oil stocks are likely to take a breather as the oil price fell over 2% overnight to US$64.
  • Gold slumped to a new nine month low losing 1.2%

Economic news this week:

  • Business confidence figures are released today
  • New home sales data for Feb is out

Trading ideas:

  • Calix (ASX:CXL) was given a big upgrade by Bell Potter overnight with a new $2.94 target.
  • Praemium (ASX:PPS), Lovisa (ASX:LOV) and Humm (ASX:HUM) are giving off bullish charting signals according to Trading Central.

Morning Bell 9 October

Bell Direct
October 9, 2024

Morning Bell 8 October

Grady Wulff
October 8, 2024

Weekly Wrap 4 October

Bell Direct
October 4, 2024

Morning Bell 4 October

Bell Direct
October 4, 2024

Morning Bell 3 October

Bell Direct
October 3, 2024

Morning Bell 2 October

Bell Direct
October 2, 2024

Morning Bell 1 October

Bell Direct
October 1, 2024

Morning Bell 30 September

Bell Direct
September 30, 2024

Weekly Wrap 27 September

Bell Direct
September 27, 2024

Morning Bell 26 September

Bell Direct
September 26, 2024

Morning Bell 25 September

Bell Direct
September 25, 2024