Skip to main content

Morning Bell 8 December

Jessica Amir
December 8, 2020

The ASX200 is eyeing a fall of 0.2% at the open.

People in the UK will be the first to receive the Pfizer BioNTech COVID-19 vaccine today, as the roll-out kicks off in England.

The iron ore price continued its push up 2% to US$144, another new 7-year high as China continues to produce 90 million tonnes of steel a month.

What to watch today:

  • With the iron ore rally, keep an eye on Champion Iron (ASX:CIA), Mount Gibson (ASX:MGX), Mineral Resources (ASX:MIN), Fortescue Metals (ASX:FMG), Rio Tinto (ASX:RIO) and BHP (ASX:BHP).
  • Bank of Queensland (ASX:BOQ) holds its AGM today.
  • NAB business confidence will be released today.

Local trading ideas:

  • With the oil price pulling back, keep an eye on energy companies. Bell Potter’s picks are Byron Energy (ASX:BYE), Cooper Energy (ASX:COE) and Senex Energy (ASX:SXY).
  • Overnight UBS reiterated Santos (ASX:STO) as a Buy with a $6.60 target.
  • PainChek (ASX:PCK), Atomos (ASX:AMS) and Codan (ASX:CDA) are all showing bullish charting signals according to Trading Central.

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

Morning Bell 30 June

Jessica Amir
June 30, 2020

Morning Bell 29 June

Jessica Amir
June 29, 2020

Monthly Wrap June 2020

Jessica Amir
June 26, 2020

Morning 26 June

Jessica Amir
June 26, 2020

Morning Bell 25 June

Jessica Amir
June 25, 2020

Morning Bell 24 June

Jessica Amir
June 24, 2020

Morning Bell 23 June

Jessica Amir
June 23, 2020