Skip to main content

Latest stock market podcasts

Morning Bell 27 August

Sophia Mavridis
August 27, 2021

Yesterday the Aussie share market closed in the red, closing 0.54% lower.

In overseas markets, investors are cautions as they await the meeting of US Federal Reserve policymakers as well as new developments in Afghanistan also played a part for investors in the risk- off sentiment.

Following US equities, the SPI futures are suggesting the ASX200 will open slightly lower.

What to watch today:

  • In economic news, retail sales data for July will be released at 11:30am AEST. In June, retail sales declined 1.8% month over month, impacted heavily by the nation-wide lockdowns. The market is expecting a 2.3% decline.
  • Travel stocks, Flight Centre (ASX:FLT) and Qantas (ASX:QAN), were among the most traded stocks by Bell Direct clients yesterday, after both companies reported their 2021 financial year results. FLT reported a 79% decline in revenue and a $507.1 million underlying loss, while QAN reported a 58% decline in revenue, heavily impacted by border closures and travel restrictions.
  • Companies reporting today include: Auswide (ASX:ABA), BWX (ASX:BWX), Next DC (ASX:NXT), Resolute Mining (ASX:RSG), Village Roadshow (ASX:VRL) and Wesfarmers (ASX:WES).
  • The oil price has fallen 0.9% and is trading at US$67.74 a barrel.
  • Gold fell for the 3rd consecutive session, amid a slightly stronger dollar.
  • And iron ore has fallen 1.8% and is trading at US$159 a tonne.

Trading ideas:

  • Bell Potter has maintained their BUY rating on The a2 Milk Company (ASX:A2M), however have decreased their price target from $8.50 to $7.70. This comes after A2M reported its 2021 financial year results yesterday. A2M closed yesterday at $6.05, implying 27.3% share price growth in a year.
  • Wisr (ASX:WSR), Tyro Payments (ASX:TYR), and Swoop Holdings (ASX:SWP), are all giving all bullish charting signals, according to Trading Central.

Morning Bell 18 May

Sophia Mavridis
May 18, 2022

Morning Bell 17 May

Sophia Mavridis
May 17, 2022

Morning Bell 16 May

Paulina Peters
May 16, 2022

Weekly Wrap 13 May

Sophia Mavridis
May 13, 2022

Morning Bell 12 May

Paulina Peters
May 12, 2022

Morning Bell 11 May

Sophia Mavridis
May 11, 2022

Morning Bell 10 May

Paulina Peters
May 10, 2022

Morning Bell 9 May

Sophia Mavridis
May 9, 2022

Weekly Wrap 6 May

Sophia Mavridis
May 6, 2022

Morning Bell 5 May

Paulina Peters
May 5, 2022

Morning Bell 4 May

Sophia Mavridis
May 4, 2022

Morning Bell 3 May

Paulina Peters
May 3, 2022