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 23 April

Jessica Amir
April 23, 2021

Morning Bell 22 April

Jessica Amir
April 22, 2021

Morning Bell 21 April

Sophia Mavridis
April 21, 2021

Morning Bell 20 April

Sophia Mavridis
April 20, 2021

Morning Bell 19 April

Paulina Peters
April 19, 2021

Weekly Wrap 16 April

Jessica Amir
April 16, 2021

Morning Bell 16 April

Jessica Amir
April 16, 2021

Morning Bell 15 April

Jessica Amir
April 15, 2021

Morning Bell 14 April

Jessica Amir
April 14, 2021

Morning Bell 13 April

Jessica Amir
April 13, 2021

Morning Bell 12 April

Jessica Amir
April 12, 2021