Desktop Broker TV

28th June 2021

Morning Bell - Jessica Amir

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.