Latest stock market news videos & Morning Bell

Morning Bell 26 November

Bell Direct
November 26, 2020

The ASX200 is eyeing a fall of 0.1% at the open following a mixed close on Wall Street overnight.

The U.S. central bank released minutes from its meeting highlighting how it can provide more support for the U.S. economy throughout the pandemic.

Commodities continued their rally as three vaccines are around the corner.

What to watch today:

  • Yesterday the market turned positive for 2020 and was up 0.2% for the year, meaning the ASX200 erased most of the COVID-19 losses. If the ASX200 gains 7%, it will be back in record all-time high territory.
  • Ainsworth Game Technology (ASX:AGI), Hansen Technologies (ASX:HSN), WiseTech (ASX:WTC), HUB24 (ASX:HUB), Monash IVF (ASX:MVF), NRW Holdings (ASX:NWH) and Qube (ASX:QUB) hold their AGMs. 

Local trading ideas:

  • Bell Potter upgraded the Buy ratings and price targets for Pendal (ASX:PDL) with a new  $8.90 target, Perpetual (ASX:PPT) with a new $45.40 target and Challenger (ASX:CGF) with a new $6.60 target.
  • Overnight, Citi reiterated Harvey Norman (ASX:HVN) as a Buy with a $5.20 target, implying 14% upside in a year. Citi expects Black Friday and Christmas sales to be strong and forecasts sales growth of 15% from now to the Boxing Day period.
  • CSR (ASX:CSR), Ava Risk Group (ASX:AVA) and Emeco Holdings (ASX:EHL) are all showing bullish charting signals according to Trading Central.

Weekly wrap 18 November

Bell Direct
November 18, 2016

Peter Quinton on Trump’s victory

Bell Direct
November 17, 2016

Weekly Wrap 11th November

Bell Direct
November 11, 2016

Bell Potter Banks post-results review

Bell Direct
November 11, 2016

Weekly Wrap 4 November

Bell Direct
November 4, 2016

October Monthly Review

Bell Direct
October 28, 2016

Weekly Wrap 21 October

Bell Direct
October 21, 2016

Weekly Wrap 14 October

Bell Direct
October 14, 2016

mFund series: Peters MacGregor

Bell Direct
October 14, 2016

Weekly Wrap 7 October

Bell Direct
October 7, 2016

Bell Potter: Five standout stocks

Bell Direct
October 7, 2016