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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.

 
MARKET REPORTS LATEST NEWS

Morning (AM) Market Report

After a rocky start on Friday morning, U.S. stocks steadied with the S&P 500 and the Nasdaq ending the day at new records after a solid jobs report.

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Afternoon (PM) Market Report

The Australian market experienced growth for the fifth consecutive day as solid gains from the big four banks and other blue-chip stocks helped the ASX index move through the key 5,800 mark, despite modest losses among miners.


Monday, 9th January, 2017

Most sectors posted positive results, with only materials closing in the red while health care being the best performer for this session. The Australian dollar fell against the greenback but appreciated against other major currencies.

The All Ordinaries gained 48.70 points (0.84%) to 5,857.70 while the S&P/ASX 200 added 51.80 points (0.90%) to 5,807.40.

CSL announced that the European Commission has granted marketing authorization to its Behring's AFSTYLA [Recombinant Human Coagulation Factor VIII, Single Chain] for children and adults with haemophilia A. AFSTYLA, its Behring's novel, recombinant factor VIII therapy, is the first and only single-chain product for haemophilia A. It is specifically designed for protection from bleeds with two or three times weekly dosing and low unit consumption at both dosing regimens. AFSTYLA is indicated for the treatment and prophylaxis of bleeding in patients with haemophilia A (congenital factor VIII deficiency). AFSTYLA can be used for all age groups. AFSTYLA will be launched in European markets in the coming months, as market access is obtained. CSL lifted $1.67 (1.63%) to $104.00. Whitehaven Coal announced that it is issuing revised production guidance for its Narrabri longwall operation but remains on track to achieve its group 2017 saleable production guidance of 21Mt to 22Mt. New full year ROM coal guidance for Narrabri is in the range of 7.5Mt to 7.8Mt. WHC last issued production guidance for Narrabri at the FY2016 results in August 2016. The revised guidance arises from production impacts associated with safely managing a discrete area of adverse geotechnical conditions at the mine. Mining in panel LW06 at Narrabri is expected to be completed in early March 2017 with production scheduled to commence in LW07 panel early in the June 2017 quarter. Metallurgical coal sales in the December 2016 quarter were 22% of total sales compared to 16% in the September 2016 quarter. WHC lost 5 cents (-1.81%) to $2.72.

The NZX gained 42.08 points (0.60%) to 7,012.74 while the Nikkei was closed for a public holiday.

The Australian dollar was last quoted at 73.06 US cents.

Equities / Fixed Interest Close Change % Change 
All Ordinaries 5858 49 0.84
S&P/ASX 200 5807 52 0.90
Currency Close Pts Change % Change 
$A vs $US 0.7306 -- -0.05
$A vs GBP 0.5992

--

0.55
$A vs EUR 0.6943 -- 0.04
$A vs YEN 85.82 0.19 0.23
$A vs $NZ

1.0506

--

0.23

 

MARKET REPORTS LATEST NEWS