29 Stocks on the ASX 200 To Watch This Week [6 Sep 2021]

Stocks to watch this week

Henry Fung

Henry is a co-founder of MF & Co. Asset Management with over 15 years of experience as a trader, investor and asset manager. Henry runs the Options Income Strategy and has a free 5-day options income strategy course you can take to learn how to use options to generate income.

September 6, 2021

Please note that any research that we publish does not take timing into consideration. We may publish research for a stock that we believe is of good quality but not necessarily trading at a discount or at a technical level for a high probability entry. If you would like to maximise your returns with optimised entry, exit and stop loss levels, check out our High Conviction Report.

The ASX ended the week moderately higher with miners and energy stocks pushing the market into the green.

On the other hand, the technology sector was one of the worst performers of the week.

The ASX200, ASX300, and Ordinaries ended the week up 0.4%, 0.52%, and 0.8%, respectively.

Last Week in ASX Stocks

The financials sector was one of the best performers of the week with the National Australian Bank (ASX:NAB) and Macquarie Group (ASX:MQG) going up 3.6% and 1.7%, respectively.

A number of the ASX’s biggest stocks went ex-dividend during the week.

BHP (ASX:BHP), CSL (ASX:CSL), and Woolworths (ASX:WOW) went ex-dividend and as a result the stocks closed the week 7.21%, 2.29%, and 1.45% lower, respectively.

Investors turned bullish on travel stocks with international operations following news that flight passenger volumes had recovered to 76% of pre-COVID levels in the US, and 80% of pre-COVID levels in France, Germany, and China.

Flight Center Travel (ASX:FLT) and Webjet (ASX:WEB) ended the week higher 2.3% and 6.44%, respectively.

There was a lot of activity in the lithium and exotic metals space.

Orocobre (ASX:ORE), Pilbara Minerals (ASX:PLS), Piedmont Lithium (ASX:PLL), and Mineral Resources (ASX:MIN) had a stellar week as investors turned bullish on EVs, more so because Australian car sales have started to take off.

The miners closed the week 13.31%, 5.12%, 8.49%, and 2.2% higher, respectively.

Lynas Rare Earth Metals (ASX:LYC) also benefited from the halo effect of the EV market its products being key inputs in renewable energy product components and electric motors. Lynas closed the week up 8.12%.

Battery materials miner Liontown Resources (ASX:LTR) had a solid week closing nearly 17% higher. Investors bid up the stock following the company’s decision to de-merge and spin-off its minerals business into a new ASX-listed entity and use the proceeds to develop its lithium mines in West Australia.

The new Minerals 260 business will also focus on mining other crucial decarbonization metals including nickel and copper.

Aluminium manufacturers had a bumper week because China’s ceiling on its production is now causing supply-chain shortages.

You may also like...
Stocks on the ASX To Watch This Week [16 May 22]

Further, HPA, which is a form of alumina, is a critical component in lithium-ion batteries as alumina sheets are used as a separator in the anodes and cathodes.

Alumina Ltd. (ASX:AWC) and South32 (ASX:S32), Australia’s largest aluminium and bauxite producers, ended the week up 17.6% and 9.7%, respectively.

Despite its ESG-unfriendly dynamics, investors turned bullish on coal following soaring prices due to the gradual recovery of global economics and supply chains.

Australia’s biggest coal miners – Yancoal (ASX:YAL), Coronado Global (ASX:CRN), Whitehaven Coal (ASX:WHC), and New Hope (ASX:NHC) – closed the week up 9.22%, 15.28%, 18.33%, and 9.18%, respectively.

On the other hand, technology stocks had a bad week.

Big names in fintech and the BNPL space took a beating following announcements from US technology behemoths Facebook (NASDAQ; FB) and Amazon (NASDAQ:AMZN) of intentions to launch their own credit products in Australia.

AfterPay (ASX:APT), Zip Co. (ASX:Z1P), and PushPay (ASX:PPH) ended the week down 1.07%, 3.69%, and 1.13%, respectively.

Retail too was on the back foot with the pandemic showing no signs of subsiding.

Coles (ASX:COL), Woolworths Group (ASX:WOW), and Harvey Norman (ASX:HVN) ended the week 0.34%, 1.35%, and 6.79% lower, respectively.

Next Week ASX In Stocks


Last week marked the end of reporting season in Australia. Earnings season as a whole turned out far better than expected considering the ravage from the pandemic during 2020.

However, credit is due largely to excellent results from mining companies following the bull run in commodities earlier in the year.

The booming real estate market also helped bottom lines at banks, construction companies and ancillaries.

New Listings

A number of very interesting companies make their market debuts next week.

Copper Search Ltd. (ASX:CUS) is a copper exploration firm that aims to develop copper and gold assets in Gawler Craton of South Australia. The company plans to raise A$12 million on Thursday pricing each share at A$0.35.

Culpeo Minerals Ltd. (ASX:CPO) is a mining exploration company that is engaged in copper exploration in Atacama, Chile. The company aims to raise A$6 million with shares being priced at A$0.2. Culpeo’s market debut is scheduled for Friday.

You may also like...
5 Best Dividend Stocks to Buy [ASX Blue Chip Stocks 2022]

Sponsored by Australian healthcare major Health and Co, the HealthCo Healthcare and Wellness REIT (ASX:HCW) aims to raise A$650 million to build a portfolio of commercial health and wellness real estate assets. Each share is priced at A$2. The IPO is underwritten by Macquarie and Morgan Stanley and debuts on Monday.

X2M Connect Ltd. (ASX:X2M) is an Australian technology company that has developed its own IoT (Internet of Things) platform to help make utilities such as gas and water cheaper and more efficient. The company aims to raise A$8 million in total from shares priced at A$0.25. X2M is scheduled to list on Friday.

Zoom2u Technologies Ltd. (ASX:Z2U) is a SaaS (Software-as-a-Service) platform designed to give clients the ability to manage and fulfill orders at scale. The company helps clients with the management of large teams of delivery personnel and order management. Debuting on Friday, the company aims to raise A$8 million from shares priced at A$0.2.

Economic and Market Outlook

While the market ended moderately higher for the week, all attention at the close on Friday was on the US non-farm payrolls figures. These underperformed expectations, raising hopes that the Fed may need to rethink its tapering plans.

Australia reported record-high new infections of 1756 cases on Saturday, and experts have warned that the worst is yet to come. In an attempt to speed up vaccinations, Australia and the UK have agreed to share vaccine supply.

The rising case count will have implications on the upcoming RBA Monetary Policy Decision meeting scheduled for Tuesday next week. The worsening COVID scenario may force the RBA to continue with a light hand on the economy including stimulus measures.

The Australian Federal Chamber of Automotive Industries reported that monthly car sales in Australia are currently at a 22-month high and up 33 percent YoY despite the global semi-conductor shortage that is hurting car production.

Strong vehicle sales could be a harbinger of economic recovery, given they are big-ticket financial commitments.

Forex Roundup

AUDUSD got a boost last week from rising speculation that the virus was taking a higher toll on the US economy than factored in.

You may also like...
Stocks on the ASX To Watch This Week [6 June 22]

On Friday, the disappointing US Non-Farm Payrolls data for August ignited chatter that the Fed may have to rethink its plans for tapering.

A likely continuation of loose monetary policy, therefore, had US Dollar bears flexing their muscles.

On the other hand, down under, the encouragingly better data on company profits and Q2 GDP improved the outlook for the Aussie.

However, data on PMI and construction was nothing to write home about.

Nevertheless, AUDUSD closed the week with a flourish, rising to seven-week highs in the range of 0.7440.

Unfortunately, the AUD will probably not benefit from the expected dovish stance of the RBA at its meeting next week on Tuesday, September 7.

The Australian central bank may have to continue fiscal stimulus measures until demonstrable progress is achieved against the pandemic, and this could be a party-pooper for the AUD’s recent (bear market?) rally.

The AUDNZD pair continues to shape up weak on the technical charts, having already violated its December 2020 low of 1.04199.

The rebound from that point has evaporated amidst a rounding top pattern that could be the forerunner of more downside in the coming months.

The pair rejected 1.045 and quickly moved back lower to 1.04068 on Friday.

The superior handling of Covid by New Zealand and the possibility of a rate hike are bolstering the NZD.

A report from ANZ last week said “October is still game on for the RBNZ to begin the OCR hiking cycle,” amidst better economic data.

AUDCNY too has rebounded over the last couple of weeks, signing off last week at 4.8125, well above its August 20 lows around 4.6186, and breaking out of a downtrending channel in place since May 2021.

The upside move came in the face of a fresh onslaught on iron ore prices just as the month began.

China is said to be making good on its May promise to drive down ore prices and inflict economic pain on Australia by cutting its steel capacity and buying less of the steelmaking raw material.

Keep in mind that we publish research on stocks that are not necessarily trading at a discount or at a preferable technical level. If you want to maximise your returns by optimising your entry price, exit price and stop loss level, check out our High Conviction Report.

Are you still looking for the best stocks to buy in 2022? We’ve put together a free report on 5 stocks that we think are the best buys on the ASX right now. Download it instantly here.

This is general advice only. MF & Co Asset Management has not considered your personal financial needs, objectives or current situation. This information is not an offer, solicitation, or a recommendation for any financial product unless expressly stated. You should seek professional investment advice before making any investment decision.

You May Also Like…


Want more Free Research?

Subscribe today for free and get an email with stocks to watch every Monday and new research every Thursday.

Invalid email address
We promise not to spam you. You can unsubscribe at any time.


What People are Saying...

See what people are saying about our research, products and services.

Timely advice, very informative and well researched.Very positive from a share trading view.
Brendon Beattie
Brendon Beattie
00:14 02 May 22
Nice reporting, thank you
Christophe Dussert
Christophe Dussert
07:16 23 Aug 21
Exceptional information that is concise and insightful. Keep up the great work !!!
09:19 19 Aug 21
I feel MF and Co are very informative with their advice and recommendations.
Norman Wilkins
Norman Wilkins
08:00 19 Aug 21
Good service with frequent emailed share suggestions.
Peter Farrell
Peter Farrell
03:39 19 Aug 21
Even I never trade with MF&Co, I watch all of Henry's review and analysis, very impressed with the accuracy and... objective of those thoughts.Of course no one can say what the future will be, but at least when reading those reviews, we know where we are, then sometimes that is the best thing that you can wish for.read more
Vu Nguyen
Vu Nguyen
23:44 15 Aug 21
Excellent service, not pushy, clear reporting highly recommended
Luke Stewart
Luke Stewart
23:25 15 Aug 21
Some very useful research
Richard Goodwin
Richard Goodwin
04:33 13 Aug 21
I very much appreciate the profound stock market research and the peceived honesty.
Quentin Steinbeck
Quentin Steinbeck
16:10 11 Aug 21
Easy to understand research for “dummies guide to shares trading”
Graham Ko
Graham Ko
15:30 09 Aug 21
Easily some of the most worthwhile research presented without any bias.
Tony Miller
Tony Miller
01:06 07 Aug 21
Nice free report with a good stock pick tip. Thank you.
00:17 06 Aug 21
i subscribed to the free research report and i found it very informative and useful for making investing decisions. I’m... looking forward to meet advisers in person when lockdown eases to learn futures options trading and to join trading education courses. Thanks for providing company reports for gratis 🙏read more
Rahul Newar
Rahul Newar
13:37 05 Aug 21
Excellent…..highly recommend
12:05 05 Aug 21
Henry's website is an absolute Treasure of Insightful Financial AdviceFree, Honest & Profitable!
Jonathan Meader
Jonathan Meader
11:37 05 Aug 21
I follow every recommendation and they are always a winner.
Peter Logiotatos
Peter Logiotatos
08:37 05 Aug 21
Great info, has helped in choosing some quality stocks to invest in and have had great results from those investments.
Stuart Farnworth
Stuart Farnworth
07:54 05 Aug 21
You can rarely find relevant, dedicated, and most importantly, free research as good as the ones published here.
07:26 05 Aug 21
Excellent and balanced with great knowledge
Peter Cryan
Peter Cryan
06:53 02 Aug 21
Great research and useful information for current market situation and potential buys.
May Deng
May Deng
06:04 02 Aug 21
great knowledge base and excellent research.
colin blanch
colin blanch
00:56 02 Aug 21
I am registered only on the free advice, I have found their advice to be so much more complete compared to other sites... which you have to pay for, it is timely and does not seem to be a shotgun approach as many sites seem to do so that some time in the future they can cherry pick their good results. For me 1 or 2 shares a week is so much more meaning to me for my style of investment, do I recommend MF& co, I sure do.read more
Phil O'Leary
Phil O'Leary
00:39 02 Aug 21
Ideas and complimentary assessments are informative, interesting and easy to read. They are sometimes 'out of box' in... thinking. To me, they install trust.read more
Grahame Cox
Grahame Cox
00:30 02 Aug 21
Informative information and well researched
David Bailey
David Bailey
00:12 02 Aug 21
Great research into current trends and foresight into what to watch for the future
00:03 02 Aug 21

MF & Co. Asset Management

MF & Co. Asset Management is a boutique investment firm offering Equity Capital Markets and derivative general advice & trade execution services.

We are specialists in advising and trading in Australian and US Equities, Index & Equity Options and Options on Futures.


Get In Touch

1300 889 603
+61 2 8378 7199
M-F: 8am-5pm

Level 29, Chifley Tower
2 Chifley Square, NSW 2000


Share This