Latest stock market news videos & Morning Bell

The Aussie share market is set for a hesitant start with the futures eyeing a dip of 0.1% at the open. 

Investors will be watching: 

• Splitit (ASX:SPT) rose over 100% after inking a deal with Mastercard. Pre-market trade suggests it could rally 8% at the open. 
• Afterpay (ASX:APT) became the 22nd biggest company on the ASX, following the RBA announcement that cash payments continued to fall on the back of structural trends and COVID-19. 
• Evolution Mining (ASX:EVN) cut its gold output guidance and flagged an impairment of up to $100 million. 
• UK Retail sales data is out later with stores reopening this week, but online retail is expected to have pushed sales up 5% in May. 

Local trading ideas: 

• Seek (ASX:SEK) was upgraded to a buy by UBS with a target of $23, following yesterday’s weaker than expected rise in unemployment. 
• Temple & Webster (ASX:TPW) was reiterated as a Bell Potter buy given its valuable offering online retail. Bell Potter targets 17% share price growth to $6.10. 
• Following Westpac selling its Pendal (ASX:PDL) stake, the fund managers Pendal was reiterated as a Bell Potter buy given Pendals performance fees have grown more than expected.