Between the Bells

Morning Bell 27 April


Listen Later

The Aussie market is set to open 0.1% higher. For the month of April, the Tech sector is up the most while Energy underperforms. 

 

What to watch: 

  • South32 (ASX:S32) doubled its cash in the March quarter while it reported record alumina from Brazil and Australian Manganese year to date. 
  • Bingo (ASX:BIN) agreed to a takeover by Macquarie (ASX:MGQ) for $3.45 per year, minus a $11.70 dividend. 
  • Perth exits its lockdown today and the Federal Government will review Australia’s COVID-19 vaccine rollout.
  • The Australian dollar is trading at its highest level since February this year, which is making our exports more expensive. 
  • Expect tax loss selling as the end of the financial year approaches. Selling to mount stocks that heavily underperformed, including The a2 Milk Company (ASX:A2M), Mesoblast (ASX: MSB), financial stocks IOOF (ASX:IFL) and Origin Energy (ASX:ORG), and energy companies AGL Energy (ASX:AGL) and Kogan (ASX:KGN). 
  • The most traded stocks from Bell Direct yesterday: Dicker Data (ASX:DDR), Van Eck Vectors Gold Miners ETF (ASX:GDX) and Galaxy Resources (ASX:GXY).

 

Trading Ideas: 

  • Doctor Care Anywhere (ASX:DOC) was restamped as a Bell Potter Buy stock with a $1.95 price target after it reported record revenue. 
  • Emeco Holdings (ASX:EHL) also reiterated as a Bell Potter Buy, with a $1.50 price target. 
  • Rhythm Biosciences (ASx:RHY), Loneer (ASX:INR) and Capral (ASX:CAA) 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