Skip to main content

Latest stock market podcasts

Morning Bell 24 February

Bell Direct
February 24, 2021

The Aussie share market is likely to pull back 0.4% – which could rub out half of yesterday’s gain of 0.9%.

 

Commodity stocks are expected to charge again today, while tech stocks will likely move to a lower-gear following moves in overseas markets.

 

What to watch today:

  • The Iron Ore price hit a brand new 9.5-year high – US$175.50 – a level not seen since September 2011 as China demand remains strong and doubts about Brazilian shipments from Vale, the world’s top producer, linger on.
  • Copper rose 1.6%; the Coffee price hit a 2.5 year high and Oil holds steady at US$61.64.
  • Appen (ASX:APX) upgraded its outlook for FY21 expecting earnings to lift up to 28%.
  • Blackmores’ (ASX:BKL) profit beat expectations coming in at $18.9 million, beating the $9.1m expected
  • Woolworths (ASX:WOW) has declared its strongest half-year dividend in six years.
  • Mount Gibson Iron’s (ASX:MGX) half-year profit surged 67% on higher iron ore prices, despite sales falling.
  • Silver Lake Resources (ASX:SLR) profit rose 48%.
  • Other companies reporting: Sydney Airport (ASX:SYD), WiseTech Global (ASX:WTC), Healius (ASX:HLS), Viva Energy (ASX:VEA), Helloworld (ASX:HLO).

 

Trading ideas:

  • Bell Potter upgraded Mader Group’s (ASX:MAD) Buy rating with an increased $1.28 price target.
  • Bell Potter upgraded Monadelphous’ (ASX:MND) Buy rating with a price target of $14.40.
  • Austral Gold (ASX:AGD), Uniti Group (ASX:UWL) and Iron Road (ASX:IRD) are giving off bullish charting signals according to Trading Central.

Morning Bell 15 February

Bell Direct
February 15, 2024

Morning Bell 14 February

Bell Direct
February 14, 2024

Morning Bell 13 February

Bell Direct
February 13, 2024

Morning Bell 12 February

Bell Direct
February 12, 2024

Weekly Wrap 9 February

Bell Direct
February 9, 2024

Morning Bell 9 February

Bell Direct
February 9, 2024

Morning Bell 8 February

Bell Direct
February 8, 2024

Morning Bell 7 February

Bell Direct
February 7, 2024

Morning Bell 6 February

Bell Direct
February 6, 2024

Morning Bell 5 February

Bell Direct
February 5, 2024

Weekly Wrap 2 February

Bell Direct
February 2, 2024