Local shares fell sharply today with the benchmark index trading below the 5,400-point mark for much of the session. However, it did bounce back late in the afternoon.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.4% to 5408 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.4% to 5489 points
- AUD/USD at US 76.14 cents
- Iron Ore at US$58.72 a tonne, according to the Metal Bulletin
- Gold at US$1,263.77 an ounce
- Brent oil at US$51.60 a barrel
Coca-Cola Amatil Ltd (ASX: CCL) shares were sold off heavily during Monday's session. The shares plunged 6.4% following an Investor Day presentation which provided an update on its strategic review.
Shares of Healthscope Ltd (ASX: HSO) also continued their downward spiral, shedding another 5.9%. Ramsay Health Care Limited (ASX: RHC) also shed 4.6%.
G.U.D. Holdings (ASX: GUD), Cochlear Limited (ASX: COH) and Santos Ltd (ASX: STO) were three of the market's other poor performers. They slipped 5.1%, 4.3% and 2.9%, respectively.
Crown Resorts Ltd (ASX: CWN) has been in the news a lot recently. Its shares lost another 2.9% today. Its rival Star Entertainment Group Ltd (ASX: SGR) shed 2.7%, while SKYCITY Entertainment Group Limited-Ord (ASX: SKC) lost 0.3%.
Some of the better performing shares for the day, on the other hand, were Mesoblast limited (ASX: MSB) and BlueScope Steel Limited (ASX: BSL). The pair rose 2.7% and 4.8%.
Here are Monday's top stories:
- 12 ASX growth stocks for the next 5 years
- Why Coca-Cola Amatil Ltd shares are in a tailspin today
- Yowie Group Ltd sales rocket 104% – is it a buy?
- Are the 10 most shorted ASX shares still in your portfolio?
- 3 signs you've found a great company
- Super Retail Group Ltd shares fall on trading update: What you need to know
- Is National Australia Bank Ltd about to slash its dividend?
