Between the Bells

Morning Bell 24 June


Listen Later

The Aussie share market is eyeing a 3rd day of gains with the futures suggesting a 0.2% lift at the open after global equities charged and ratings agency Moody’s affirmed Australia’s AAA rating.

What to watch today:

  • CSR (ASX:CSR) holds its AGM.
  • Following the gold rush, keep an eye on gold companies like Gold Road Resources (ASX:GOR), Newcrest Mining (ASX:NCM), Northern Star Resources (ASX:NST), Evolution Mining (ASX:EVN), IGO Ltd (ASX:IGO) & St Barbara (ASX:SBM).

Local trading ideas:

  • AMP (ASX:AMP) was reiterated as a buy by Bell Potter, increasing its target to $2.50 as AMP is set to receive $1.1 billion following the sales of its life insurance business on 30 June. 
  • Woolworths (ASX:WOW) was reiterated as a buy by UBS following the supermarket's stronger sales numbers announced yesterday, but weaker than expected profit.
  • Perenti Global (ASX:PRN) mining services company was reiterated as a buy by UBS but it dropped its price target to $2.00. 
  • Citi reiterated Harvey Norman (ASX:HVN) as a buy with a price target of $4.60.
...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