Skip to main content

Latest stock market podcasts

Morning Bell 24 June

Paulina Peters
June 24, 2021

Yesterday, the Aussie share market fell 0.6% to about 7,299 points.

 

Today, the Aussie share market looks set to fall again, with the futures suggesting the market will open 0.4% lower. This comes as NSW COVID-19 cases continuing to rise and the enforcement of new restrictions taking place, with the potential for further restrictions to be set in place in today’s update.

 

What to watch:

  • Following New Zealand enforcing a 72 hour pause on the NSW/ New Zealand travel bubble, Air New Zealand (ASX:AIZ) shares fell 1.7% and Sydney Airport (ASX:SYD) shares fell 2.2%.
  • Oil is holding at its record of US$73 a barrel, as US supplies tightened and the US dollar retreated, making it less expensive for buyers holding other currencies.
  • While rate hike concerns were eased by the US Fed yesterday, it wasn’t enough to lift the Gold price, which trades slightly lower, about 0.1%.
  • The iron ore price is trading higher approximately 0.2%.
  • The most traded stocks by Bell Direct clients and advised clients were Commonwealth Bank (ASX:CBA) and ANZ Bank (ASX:ANZ). Bell Direct clients also traded TechnologyOne (ASX:TNE).

 

Trading ideas:

  • Bell Potter have a BUY rating on Adacel Technologies (ASX:ADA) with a price target of $1.25. ADA is a global technology company that develops and implements air traffic management systems and air traffic control stimulation. ADA closed up about 4% yesterday, which implies 37% share price growth.
  • Bell Potter also have a BUY rating on Australia’s leading avocado grower, Costa Group Holdings (ASX:CGC) with a price target of $4.30.
  • K-TIG (ASX:KTG), Osteopore (ASX:OSX) and Compumedics (ASX:CMP) are all giving off bullish charting signals according to Trading Central.

Weekly Wrap 6 December

Bell Direct
December 6, 2024

Morning Bell 6 December

Bell Direct
December 6, 2024

Morning Bell 5 December

Bell Direct
December 5, 2024

Morning Bell 4 December

Sophia Mavridis
December 4, 2024

Morning Bell 3 December

Sophia Mavridis
December 3, 2024

Morning Bell 2 December

Bell Direct
December 2, 2024

Weekly Wrap 29 November

Bell Direct
November 29, 2024

Morning Bell 28 November

Bell Direct
November 28, 2024

Morning Bell 27 November

Bell Direct
November 27, 2024

Bell Direct
November 26, 2024

Morning Bell 25 November

Bell Direct
November 25, 2024

Morning Bell 21 November

Bell Direct
November 21, 2024