S&P/ASX 200 TRUMPLED: 11 shares you should have been watching

Close polls in the US election scare investors out of the market

Mike King

Mike King is a Fool.com.au Investment Analyst and Writer. He caught the investing bug more than a decade ago, at a time when the U.S. had invaded Iraq and fear reigned in the markets. His initial success as the markets took off encouraged his passion and thirst for knowledge. With 13 years behind him at one of Australia's largest domestic banks, Mike's passion for stocks led him to join a boutique funds management firm, where he stayed for four years. A seven-year stint in equity research at one of the largest investment banks in the world followed that, giving Mike a thirst to pursue his passion further. Mike holds a Diploma in Applied Finance and Investment and a Graduate Certificate in Financial Planning. His passion is to help retail investors invest better, and that passion was one of his primary reasons for joining The Motley Fool Australia in late 2011. Mike has written thousands of articles since joining, including for Fairfax Media, Yahoo!7, Ninemsn and has also appeared on ABC's The Business. You can see all of Mikes' holdings here

Published November 2, 2016 5:48 pm AEDT

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) closed down 1.2%, although it could have been much worse with a late recovery pushing the index back above 5,220 points.

Here's a quick recap:

S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 1.2% to 5,229.0 points
ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 1.21% to 5,311.0 points
AUD/USD at US 76.36 cents
Iron Ore up 1.5% to US$65.33 a tonne, according to the Metal Bulletin
Gold was up 1.1% to US$1,291 an ounce
Brent oil down yet again – this time it was 0.9% lower at US$48.17 a barrel

It seems fears of a narrowing election in the US, and the rising chance of Donald Trump becoming the next president of the United States have scared investors as we pointed out here.

Every single one of the Top 20 stocks ended in negative territory in a market-wide sell-off.

Despite the iron ore price rise – now up 50% since the start of 2016 – the big miners BHP Billiton Limited (ASX: BHP), Rio Tinto Limited (ASX: RIO) and Fortescue Metals Group Limited (ASX: FMG) lost 1.1%, 0.6% and 4.8% respectively.

Oil stocks also fell, with Santos Ltd (ASX: STO) down 4.3% to $3.36, Origin Energy Ltd (ASX: ORG) losing 2.4% to $5.25, although Oil Search Limited (ASX: OSH) and Woodside Petroleum Limited (ASX: WPL) only fell 1.4% and 1.1% respectively.

Gold stocks were strong, with Beadell Resources Ltd (ASX: BDR) up 4.4% to 47 cents, Evolution FPO (ASX: EVN) up 5.8% to $2.36 and Resolute Mining Ltd (ASX: RSG) up 7.2% to $1.64.

One other shining light was building materials company CSR Limited (ASX: CSR) which rose 8.6% to $3.91.

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