Daily FNArena News

A glance through the latest expert views and predictions about commodities. Copper; aluminium; zinc; lead and gold.

Sales activity at Bunnings and Officeworks has been stunning over the period of pandemic-related restrictions but signals there is very little operating leverage for Wesfarmers going forward.

As the pandemic cuts a swathe through Brazil, analysts are anticipating strong support for the iron ore price will prevail, and the focus is on China’s stimulus expenditure.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. BlueScope Steel stands out as a tactical buy for several brokers as global demand for steel recovers.

Michael Gable of Fairmont Equities suggests that after a slow start, Sydney Airport should push higher from here.

While the economic outlook may continue to weigh, Vocus Group has removed a key overhang by refinancing debt facilities.

The strong market position of Freedom Foods’ brands should underpin the business going forward despite the short-term hit to profitability caused by the pandemic.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Morgan Stanley assesses the housing stimulus proposals in the offing from both federal and state governments may provide a positive impetus to developers such as Stockland.

Buoyant sentiment; tech leads the way; earnings and raisings; new highs in commodities; mixed data.

Iress has taken the opportunity to raise capital to more than provide for its purchase of OneVue Holdings, targeting scale in superannuation and funds management solutions.