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Morning Bell 18 May

Bell Direct
May 18, 2020

Aussie equities are set to start the trading week in the right direction, with the futures eyeing a 0.6% lift at the open.

A trading idea for today, Bell Potter reiterated Cyclopharm (ASX:CYC) as a buy with a $1.77 price target, implying a 31% share price growth in a year from Friday’s close of $1.35.

Investors will be watching Auckland International Airport (ASX:AIA) & Ramsay Health Care (ASX:RHC).

In today’s morning bell, Jessica covers:

  • Aussie futures (0:05)
  • Overseas markets (0:26)

What to watch today:

  • Auckland Health Care (ASX:AIA) (1:00)
  • Ramsay Health Care (ASX:RHC) (1:36)
  • A ‘recovery steadily’ later this year for the US economy (2:11)
  • Bell Potter trading idea: Cyclopharm (ASX:CYC) (2:31)

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