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.

Weekly Wrap 2 July

Jessica Amir
July 2, 2021

Morning Bell 2 July

Sophia Mavridis
July 2, 2021

Morning Bell 1 July

Paulina Peters
July 1, 2021

Morning Bell 30 June

Jessica Amir
June 30, 2021

Morning Bell 29 June

Jessica Amir
June 29, 2021

Morning Bell 28 June

Jessica Amir
June 28, 2021

Weekly Wrap 25 June

Jessica Amir
June 25, 2021

Morning Bell 25 June

Sophia Mavridis
June 25, 2021

Morning Bell 24 June

Paulina Peters
June 24, 2021

Morning Bell 23 June

Jessica Amir
June 23, 2021

Morning Bell 22 June

Jessica Amir
June 22, 2021

Morning Bell 21 June

Jessica Amir
June 21, 2021