Skip to main content

Morning Bell 12 February

Jessica Amir
February 12, 2021

The ASX200 is eyeing a flat open.

Companies reporting results:

  • Mirvac Group (ASX:MGR) reported a 36% drop in attributed half-year profit to $351.5 million.
  • Arena REIT (ASX:ARF) reported its net profit rose 45%.
  • Baby Bunting (ASX:BBN) reported its net profit rose 55% in the year but didn’t give future guidance amid COVID-19 uncertainty.
  • Genworth Mortgage Insurance (ASX:GMA) results revealed an annual loss of $107.6 million and it declared it won’t pay a final dividend.

Yesterday’s top traded stocks:

  • Zip (ASX:Z1P), Rent.com.au (ASX:RNT), Renascor Resources (ASX:RNU) and Fortescue Metals (ASX:FMG).

Local trading ideas:

  • GrainCorp Ltd (ASX:GNC) was upgraded by Bell Potter following its better than expected trading update.
  • AMP (ASX:AMP) was upgraded to a Bell Potter buy with a $2.25 price target.
  • VRX Silica (ASX:VRX), Whispir (ASX:WSP) and Kathmandu Holdings (ASX:KMD) are giving off bullish charting signals according to Trading Central.

Morning Bell 15 February

Sam Kanaan
February 15, 2024

Morning Bell 14 February

Sam Kanaan
February 14, 2024

Morning Bell 13 February

Grady Wulff
February 13, 2024

Morning Bell 12 February

Grady Wulff
February 12, 2024

Weekly Wrap 9 February

Grady Wulff
February 9, 2024

Morning Bell 9 February

Sam Kanaan
February 9, 2024

Morning Bell 8 February

Sam Kanaan
February 8, 2024

Morning Bell 7 February

Grady Wulff
February 7, 2024

Morning Bell 6 February

Grady Wulff
February 6, 2024