Burrell Stockbroking and Superannuation is a longstanding Queensland company providing full stockbroking, superannuation, wealth management and advisory services to private clients, Not-for-Profit and other investment organisations.
On Wall Street, the S&P 500 has edged lower as losses by healthcare companies overshadowed gains in the technology sector, while investors await US President Trump's meeting with Chinese President Xi Jinping at the G20 summit later this week.MORE >
The Australian share market has closed higher as the heavyweight mining and financial sectors shrugged off their morning losses.
Monday, 24th June, 2019
After falling by as many as 33 points before noon, the ASX200 index closed up 14.6 points, or 0.22 percent, to 6,665.4 points at 1615 AEST on Monday. The broader All Ordinaries finished up 11.2 points, or 0.17 percent, to 6,745.5.
Among the big four, Commonwealth was up 0.6 percent to $82.70, ANZ up 0.5 percent to $28.68, Westpac up 0.4 percent to $28.33 and NAB up 0.3 percent to $26.94. The mining sector was up 0.2 percent as a whole, with BHP up 0.4 percent to $41.20 and Rio Tinto up 0.2 percent to $101.73 while Fortescue Metals dropped 0.6 percent to $8.82. Property was the best-performing sector, up 1.36 percent, with Mirvac Group up 2.5 percent to $3.23, Stockland up 2.1 percent to $4.41 and Goodman Group up 1.5 percent to $15.31.
Consumer staples were the worst performers, down 0.7 percent, dragged down by Metcash after the IGA supplier announced a decline in food earnings and higher finance costs. Metcash shares fell 9.84 percent to $2.84 and Coles was down 2.3 percent to $13.11 but Woolworths gained one cent to close at $33. Aveo was down 5.3 percent to $1.97 after the retirement home operator said it expected a fall in its full-year profit.
The Aussie dollar is buying 69.59 US cents, from 69.22 US cents on Friday.
|Equities / Fixed Interest||Close||Change||% Change|
|Currency||Close||Pts Change||% Change|
|$A vs $US||0.6949||0.0006||0.08|
|$A vs GBP||0.5457||
|$A vs EUR||0.6106||0.0008||0.13|
|$A vs YEN||74.66||0.15||0.20|
|$A vs $NZ||
Monday 10th June is a non-trading day due to the Queen's Birthday public holiday in some states of Australia.
Normal ASX trading hours resume from Tuesday 11th in Queensland, that being from 10.00am - 4.00pm.
Our office hours remain 8.30am - 5.00pm.