Market wraps 5th May 2020
Morning Bell - Jessica Amir
The Australian share market is set to rise for the second straight day this week, with the futures suggesting a 0.3% gain at the open. This comes as Italy, Finland and some U.S States have eased their lockdowns, fuelling the oil price back above $21 a barrel.
Trading Idea: Westpac (ASX:WBC) was reiterated as a Buy by Bell Potter overnight following the bank's half year results yesterday.
Investors will be watching Kathmandu (ASX:KMD), James Hardie (ASX:JHX), Westpac (ASX:WBC) and the RBA meeting today.