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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.


Morning (AM) Market Report

Wall Street has ended mixed, with a gain in Microsoft offsetting a dip in Apple, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary easing.


Afternoon (PM) Market Report

The Australian share market has had its best day in two weeks, with most sectors posting gains after the US Federal Reserve cut a key interest rate.

Thursday, 19th September, 2019

The ASX200 index closed Thursday up 35.9 points, or 0.54 percent, to 6,717.5 points. The broader All Ordinaries was up 34 points, or 0.5 percent, to 6,825.2 points.

Telecommunications led gainers - collectively up 2.1 percent - followed by utilities, industrial stocks and the tech sector. Telstra climbed 2.5 percent to $3.64, while realestate.com.au owner REA Group rose 1.7 percent to an all-time high of $108.26. Energy stocks gave back some of their monster gains from the start of the week, dipping 0.2 percent as Beach Energy fell 3.4 percent to $2.60 and Woodside Petroleum dropped 1.1 percent to $32.17. The material sector was the only other one in the red, falling 0.1 percent as a whole, as sector heavyweight BHP dropped 0.3 percent to $37.68 and Fortescue Metals dropped 0.7 percent to $9.04. Rio Tinto was up 0.1 percent to $93.04, however, but goldminers were almost all down as the price of the precious metal dipped under $US1,500 an ounce. Newcrest dropped 1.4 percent, Northern Star fell 2.0 percent and Evolution retreated 1.3 percent.

Brickworks gained 6.4 percent to a five-month high of $17.54 as its underlying profit rose four percent to hit a record $234 million. Washington H Soul Pattinson climbed 2.2 percent to $22.78 after the diversified investment company reported its full-year profit slipped 7.1 percent to $247.9 million. The big banks were all higher, with ANZ gaining 0.5 percent to $27.83, NAB up 0.6 percent to $29.32, Commonwealth up 0.5 percent to $82.18 and Westpac climbing 0.1 percent to $29.57. Macquarie Group gained 2.4 percent to $131.77.

The Australian dollar slid to a two-week low, meanwhile, after the release of ABS data showing unemployment edged up 0.1 percent to 5.3 per cent in August, increasing the chance of another cash rate cut next month. The Aussie dollar is buying 67.82 US cents, from 68.44 US cents on Wednesday.

Equities / Fixed Interest Close Change % Change 
All Ordinaries 6825 34 0.50
S&P/ASX 200 6718 36 0.54
Currency Close Pts Change % Change 
$A vs $US 0.6787 -0.0038 -0.55
$A vs GBP 0.5438


$A vs EUR 0.6143 -0.0044 -0.71
$A vs YEN 73.36 -0.63 -0.86
$A vs $NZ




18 December 2018



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Our office hours are 8.30am - 5.00pm.