ASX 200 plunges: 11 shares you should have been watching

The market fell heavily, but a few stocks came out well on top

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Local shares went down with a thud today, snapping a winning streak that begun one week ago.

Here's a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.8% to 5760 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.8% to 5813 points
  • AUD/USD at US 73.8 cents
  • Iron Ore at US$77.73 a tonne, according to the Metal Bulletin
  • Gold at US$1,186.36 an ounce
  • Brent oil at US$55.06 a barrel

The banks fell hard today. Australia and New Zealand Banking Group (ASX: ANZ) was the worst, sliding 1.5%, while Westpac Banking Corp (ASX: WBC) slipped 0.8%.

BHP Billiton Limited (ASX: BHP) shed 0.4% as well while Telstra Corporation Ltd (ASX: TLS) dropped 1%.

Also in the bad books were Primary Health Care Limited (ASX: PRY), down 4.8%, GUD Holdings Limited (ASX: GUD), down 3.7%, and QBE Insurance Group Ltd (ASX: QBE), down 2.9%.

Class Ltd (ASX: CL1), on the other hand, rose 11.1% after it released a quarterly update. Praemium Ltd (ASX: PPS) also rose 11.5% while Catapult Group International Ltd (ASX: CAT) ended the day 9.9% higher.

Bapcor Ltd (ASX: BAP) announced it had surpassed the 50% share acceptances it required to take control of New Zealand's Hellaby's Holdings. Bapcor's shares slipped 1.2%.

Here are Tuesday's top stories:

  1. 10 top dividend shares to buy in 2017
  2. The Slater & Gordon Limited share price is flying on UK lifeline
  3. Will the Class Ltd share price shoot the lights out in 2017?
  4. Revealed: 2 of my favourite small caps on the ASX
  5. Why I'm not keen on Carsales.Com Ltd at today's share price
  6. 4 hot ASX tech stocks you've never heard of
Motley Fool contributor Ryan Newman owns shares of Bapcor and Class Limited. The Motley Fool Australia owns shares of Bapcor and Class Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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