Skip to main content

Morning Bell 10 September

Jessica Amir
September 10, 2020

The Aussie share market is set to lift 1.3% at the open as investors look to buy back into the market, given it’s now back at late June prices.

What to watch today:

  • CSL (ASX:CSL) goes ex-dividend today, transferring the dividend right to shareholders. So if you’ve been looking to buy CSL, today could be your day, as companies generally trade lower on days they go ex-div. Other companies going ex-div include: Independence Group (ASX:IGO) and South32 (ASX:S32).
  •  Sky TV (ASX:SKT) released its financial year results today, showing a 35% jump in revenue.

Local trading ideas:

  • Bell Potter restamped internet service provider, Uniti Group (ASX:UWL), as a buy. Bell Potter reduced its price target by 20% to $1.75, however that still implies almost 36% share price growth in a year.
  • Afterpay (ASX:APT) may be worth a look too, as Trading Central’s data tells us its shares are giving off a bullish signal, a ‘key reversal bar’ pattern, indicating its downward trend has likely broken and its shares may rise from yesterday’s close of $74.05. APT is a Bell Potter buy with a $99.10 target, Morgan Stanley backs APT with a $101 target.
  • ArchTIS (ASX:AR9), a cybersecurity company, is also giving off a bullish signal according to Trading Central’s charting. AR9 shares have already rallied over 200% this year, with the company working with the Australian Government and the defence force.

Morning Bell 1 February

Sam Kanaan
February 1, 2024

Morning Bell 31 January

Grady Wulff
January 31, 2024

Morning Bell 30 January

Grady Wulff
January 30, 2024

Morning Bell 29 January

Grady Wulff
January 29, 2024

Morning Bell 25 January

Sam Kanaan
January 25, 2024

Morning Bell 24 January

Grady Wulff
January 24, 2024

Morning Bell 23 January

Grady Wulff
January 23, 2024

Morning Bell 22 January

Grady Wulff
January 22, 2024

Weekly Wrap 19 January

Sophia Mavridis
January 19, 2024

Morning Bell 19 January

Sam Kanaan
January 19, 2024

Morning Bell 18 January

Grady Wulff
January 18, 2024

Morning Bell 17 January

Grady Wulff
January 17, 2024