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Morning Bell 7 May
The Australian share market is sitting with a weekly gain of 2.6% as at Thursday morning before trade, however profits are expected to fall as the futures suggest a 0.9% drop at the open.
A trading idea for today is Altium (ASX:ALU). It had its price target lifted by Bell Potter to $37.50, which implies that the share price will grow 6.2% in a year.
Investors will be watching Rio Tinto (ASX:RIO), Orica (ASX:ORI), Macquarie (ASX:MQG) & Aussie March export data.
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