Morning Bell 12 May
Between the Bells
Between the Bells
Morning Bell 12 May
May 12, 2020
Bell Direct

The Australian share market is now officially back in bull market territory, after rising 1.3% yesterday, which takes the total rally from the March low to 20%. Today, the futures are suggesting that the market will fall around 0.4% at the open following a mixed session on global markets.

What to watch today:

  • Packaging company, Amcor (ASX:AMC) just reported quarterly results noting its integration of its takeover of Bemis, is continuing ahead of expectations.
  • Circuit board company, Altium (ASX:ALU) announced Coronavirus restrictions are likely to hit 4Q performance. ALU shares have gained 22% in weeks.

Reporting results today include:

  • AusNet Services (ASX:AST)
  • CSR Ltd (ASX:CSR)
  • Incitec Pivot Ltd (ASX:IPL)