Between the Bells

Morning Bell 28 June


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 The Aussie share market is set for a slow start to the week, with the futures suggesting the market will rise 0.1%. 

What to watch today: 

  • With three days to go until the EOFY, selling/portfolio adjustments continue. 
  • The City of Sydney is currently in lockdown. So all eyes are on travel, hospitality and retail stocks. 
  • Watch Endeavour Group (ASX:EDV), after it demerged from Woolworths (ASX:WOW) on Friday. 
  • The oil price rallied above US$74 a barrel, after rising for its fifth week to its highest level since October 2018. 
  • Gold rose 0.2% and the iron ore price rose 0.4% to $214. 

 

Trading Ideas: 

  • Aeris Resources Ltd (ASX:AIS) is a Bell Potter BUY stock, with an upgraded price target to $23.50. 
  • Resolute Mining (ASX:RSG), Mincor Resources (ASX:MCR) and Galan Lithium (ASX:GLN) are all giving off bullish charting signals according to Trading Central. 
...more
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Between the BellsBy Bell Direct


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