Between the Bells

Morning Bell 18 May


Listen Later

The Aussie share market is set to open higher, the futures suggesting a 0.2% gain. 

End of financial year adjustments continue to take place, as investors are moving out of tech and into banking and mining.

What to watch today: 

  • The Oil price rose 1%, Gold rose 1.3% and Copper gained 1.3%, while Iron Ore rebounded 2.3%. Watch Aeris Resources (ASX:AIS), BCI Minerals (ASX:BCI) and Zeta Resources (ASX:ZER).
  • James Hardie (ASX:JHX) is set to report company results today.
  • RBA meeting minutes to be released today. 
  • The most traded stocks yesterday: Commonwealth Bank (ASX:CBA), Macquarie Group (ASX:MQG), and Afterpay (ASX:APT). 

Trading Ideas: 

  • Incitec Pivot (ASX:IPL) was upgraded by Citi to a BUY with an increased price target of $2.90.
  • Agriculture and real estate group Elders (ASX:ELD), was upgraded by Citi and Bell Potter. Citi’s 12 month target for (ASX:ELD) is $13.40 and Bell Potter’s new target for (ASX:ELD) is more bullish at $13.75.
  • Westgold Resources (ASX:WGX), BWX (ASX:BWX) and Primewest Group (ASX:PWG) are all giving off bullish charting signals according to Trading Central. 
...more
View all episodesView all episodes
Download on the App Store

Between the BellsBy Bell Direct


More shows like Between the Bells

View all
CommSec Market Update by CommSec

CommSec Market Update

16 Listeners

Motley Fool Money by LiSTNR

Motley Fool Money

82 Listeners

NAB Morning Call by Phil Dobbie

NAB Morning Call

20 Listeners

Your Wealth by NAB

Your Wealth

8 Listeners

The Rules of Investing by Livewire Markets

The Rules of Investing

13 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

61 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

21 Listeners

Buy Hold Sell, by Livewire Markets by Livewire Markets

Buy Hold Sell, by Livewire Markets

5 Listeners

The Call from ausbiz by ausbiz

The Call from ausbiz

6 Listeners

The COB from ausbiz by ausbiz

The COB from ausbiz

1 Listeners

Stock Take by Intelligent Investor

Stock Take

5 Listeners

SBS On the Money by SBS

SBS On the Money

0 Listeners

On the Couch by Marcus Today

On the Couch

4 Listeners

Market Updates by Marcus Today

Market Updates

1 Listeners

the daily moo by Moomoo Australia & New Zealand

the daily moo

0 Listeners