Morning Bell 25 May

Jessica Amir
May 25, 2020

Aussies shares are eyeing a 1.2% rise at the open going by the futures, despite global equities closing mixed on Friday amid simmering China-U.S tension.

Two trading ideas for today:

  • Bell Potter upgraded NAB (ASX:NAB) from a hold to a buy with a price target of $17.30, implying 12% yearly growth from its $15.32 close price on Friday.
  • Australian Finance Group (AFG) issued over 12 million new shares onto the market following a capital raising and looking at Trading Central’s charts it’s showing more bullish signals.

Investors will be watching:

  • Eclipx Group (ASX:ECX)
  • China is seeking to impose a National Security law on Hong Kong, which threatens Hong Kong’s future as a regional financial hub.
  • US futures are currently trading higher, suggesting a positive open when Wall Street opens. But if China imposes the law and Hong Kong retaliates, keep an eye on your ASX200, GEAR or BEAR holdings.

Weekly Wrap 10 July

Jessica Amir
July 10, 2020

Morning Bell 10 July

Jessica Amir
July 10, 2020

Morning Bell 9 July

Jessica Amir
July 9, 2020

Morning Bell 8 July

Jessica Amir
July 8, 2020

Morning Bell 7 July

Jessica Amir
July 7, 2020

Morning Bell 6 July

Jessica Amir
July 6, 2020

Weekly Wrap 3 July

Jessica Amir
July 3, 2020

Morning Bell 3 July

Jessica Amir
July 3, 2020

Morning Bell 2 July

Jessica Amir
July 2, 2020

Morning Bell 1 July

Jessica Amir
July 1, 2020