CommSec Daily Report s

Evening Report | 15 February 2021

Latest news Latest Prices 4.30pm AEDT Level Previous % chg  The Australian sharemarket rose for the first time since last All Ords 7,149.7 7,081.3 1.0 Wednesday, with the ASX 200 lifting by 62pts or 0.91 per cent to ASX 200 6,868.9 6,806.7 0.9 6,868.9. This was more than enough to recoup last week’s modest 0.5 Shanghai 3,655.1 3,655.1 0.0 per cent decline, while keeping the market within striking distance of an Japan Nikkei 30,015.9 29,520.1 1.7 11-month high (only 0.5 per cent away), is approximately 2 per cent shy of 7,000pts and 5 per cent below the pre-COVID record highs. US Dow Jones 31,458.4 31,430.7 0.1  With the exception of Utilities and Property Trusts, the rest of the US Nasdaq 14,095.5 14,025.8 0.5 market improved on Monday. Energy, Materials, Technology, Property, UK FTSE 6,589.8 6,528.7 0.9 Telcos and Financials fared best, lifting by between 1 – 1.5 per cent. Dow Futures 31,531.0 31,397.0 0.4

 Travel stocks finished mixed, with (QAN) and Sydney Airport Last Previous % chg (SYD) ending higher, while (WEB), Auckland International Consumer Discretionary 3,177.1 3,136.6 1.3 Airport (SYD) and (FLT) lost some ground. The Trans- Tasman Travel Bubble will be suspended for the next three days due Consumer Staples 13,013.1 12,949.7 0.5 to three new locally acquired cases in Auckland, which has plunged the Energy 8,349.6 8,260.6 1.1 city into a brief three-day lockdown. Keep in mind that many travel Financials 5,880.5 5,832.7 0.8 companies fell by between 5-10 per cent last week, partly in response Financial-x-A-REIT 6,558.8 6,505.5 0.8 to Victoria’s five-day snap lockdown. Health Care 42,043.5 41,656.2 0.9 Industrials 5,813.7 5,790.6 0.4  Crown (CWN) rose by 0.8 per cent. CEO Ken Barton has stepped Information Tech 2,355.9 2,332.5 1.0 down, effective immediately, a week after an inquiry found the gambling Materials 16,285.1 16,035.1 1.6 group unfit to hold a NSW casino licence. Helen Coonan (current ASX200 A-REIT 1,381.3 1,384.2 -0.2 Chair), has assumed the temporary role of Executive Chairman. Coca- Telecommunications 1,405.2 1,388.1 1.2 Cola Amatil (CCL) rose 2.1 per cent after the beverage company’s European bottler increased its bid for CCL to A$13.50/share. This is a Utilities 6,153.1 6,208.6 -0.9 5.9 per cent increase on the previous $12.75 offer made last year. Last Day Move % chg  Zip Co (Z1P), Domino’s (DMP) and Seek (SEK) were three stocks to BHP $45.75 $1.03 2.3 hit record highs on Monday. (HVN) hit a 13-year high. RIO $119.50 $2.15 1.8 CBA $86.31 -$0.56 -0.6  Bendigo & Bank (BEN), (SWM), ANZ $25.22 $0.40 1.6 (NEA), GPT, (AZJ), (ALU), Beach Energy (BPT) and JB NAB $25.29 $0.36 1.4 Hi-Fi (JBH) were some of the companies to release their latest WBC $22.40 $0.26 1.2 earnings. With the exception of ALU and BPT, shares in all the above improved today. NEA rose by 19 per cent and BEN by 11.3 per cent. TLS $3.32 $0.07 2.2 WOW $41.33 $0.23 0.6  The next two weeks will be the busiest of the year for half year profit WES $55.23 $0.23 0.4 results, with over 100 companies set to post earnings this week alone. WPL $25.24 $0.26 1.0 BHP, (RIO), Fortescue Metals (FMG), Adairs, , CSL $280.20 $3.44 1.2 Redbubble, Coles, , Tabcorp, Webjet, Whitehaven Coal, COH $205.93 -$0.48 -0.2 , Origin, OZ Minerals, Santos, Woodside and many more will NCM $26.05 $0.09 0.3 post results over the week.  This week, three of the big banks will post quarterly updates. National Current Aust 4pm % chg Bank (NAB) will kick things off on Tuesday, followed by (WBC) AUD/USD 0.7785 0.7767 0.24 on Wednesday and ANZ on Thursday. Quarterly reports tend to be AUD/EUR 0.6413 0.6405 0.13 brief, outline profits and at times touch on dividend plans. A highlight AUD/JPY 81.800 81.483 0.39 on the data front will be the January report on Aussie jobs growth. 11am Official Cash 0.10 0.10 0.00  8.3bn shares were traded on Monday, worth $6.5bn. 833 stocks Aust 90 day futures 0.02 0.02 0.00 rose, 593 fell and 342 finished unchanged. Oil Nymex ($US/b) US Close 56.15 55.29 0.0 Gold futures($US/oz) US Close 1824.10 1823.20 -0.1  Markets in China, Hong Kong, the US and Canada are shut today to observe public holidays. The Shanghai Stock exchange will shut on Tuesday and Wednesday as well for the Lunar New Year holidays.

Steven Daghlian - Market Analyst (Author) Twitter: @commsec

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