Morning Bell 13 May

Jessica Amir
May 13, 2020

All eyes today are on CBA’s financial results and the unfolding tension between China and Australia, after Beijing banned importing beef from 4 Aussie abattoirs.

Looking at the futures, the Australian share market is set for a fall of 1.3% at the open.

A trading idea for today: Bell Potter rose Premier Investments’ (ASX:PMV) price target to $18.50, implying a 21% share price growth in a year from yesterday’s close of $15.42.

Investors will be watching CBA (ASX:CBA) and Stockland (ASX:SGP).

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