Skip to main content

Morning Bell 4 May

Jessica Amir
May 4, 2021

The Aussie share market is likely to trade 0.2% higher today with Hydrogen stocks in the limelight.

What to watch today:

  • Australia and New Zealand Bank (ASX:ANZ) is set to report earnings tomorrow, National Australia Bank (ASX:NAB) to report later this week and Commonwealth Bank (ASX:CBA) to report next week.
  • The RBA meets today with the focus on bond buying as interest rates are expected to remain on hold.
  • Australia’s first green hydrogen/gas power plant is set to be built in Illawarra with the government spending $300 million on the project. Hydrogen stocks in breakouts from a technical perspective include Hazer (ASX:HZR), Province Resources (ASX:PRL), Fortescue Metals (ASX:FMG) and QEM (ASX:QEM).
  • As restrictions ease in the UK, keep an eye on Virgin Money UK (ASX:VUK), Link Administration (ASX:LNK), Ramsay Health Care (ASX:RHC) and Breville (ASX:BRG).
  • Dexus (ASX:DXS) reports quarterly earnings today.
  • Acorn Cap Investment Fund (ASX:ACQ), Vitalharvest Freehold (ASX:VTH), and Waterco (ASX:WAT) go ex-dividend today, while Bank of Queensland (ASX:BOQ) goes ex-dividend tomorrow.
  • The most traded stocks from Bell Direct clients yesterday: Westpac (ASX:WBC), Kogan (ASX:KGN) and Telstra (ASX:TLS), while advised clients traded Fortescue Metals (ASX:FMG), Woolworths (ASX:WOW) and Zip Co (ASX:Z1P).

 Trading ideas:

  • PointsBet Holdings (ASX:PBH) was reiterated as a speculative Bell Potter Buy.
  • Deep Yellow (ASX:DYL), Starpharma (ASX:SPL) and Australian Agriculture Co (ASX:AAC) are all giving off bullish charting signals according to Trading Central.

Weekly Wrap 12 August

Sophia Mavridis
August 12, 2022

Morning Bell 11 August

Paulina Peters
August 11, 2022

Morning Bell 10 August

Sophia Mavridis
August 10, 2022

Morning Bell 9 August

Paulina Peters
August 9, 2022

Morning Bell 8 August

Sophia Mavridis
August 8, 2022

Weekly Wrap 5 August

Sophia Mavridis
August 5, 2022

Morning Bell 4 August

Paulina Peters
August 4, 2022

Morning Bell 3 August

Sophia Mavridis
August 3, 2022

Morning Bell 2 August

Paulina Peters
August 2, 2022

Morning Bell 1 August

Sophia Mavridis
August 1, 2022

Weekly Wrap 29 July

Sophia Mavridis
July 29, 2022