The S&P/ASX 200 Index (ASX: XJO) has experienced a fairly brutal start to the trading week this Monday, with the ASX 200 experiencing a heavy day of selling pressure.
As it stands at the close of trading today, the ASX 200 recorded a loss of 0.67%, dragging the index down to 7,230.4 points.
This severe case of Mondayitis for the ASX comes after a horrid end to the trading week last Friday for the US markets over Stateside.
The Dow Jones Industrial Average Index (DJX: .DJI) had a terrible night of trading on Friday night (our time), falling by 0.83%. The Nasdaq Composite Index (NASDAQ: .IXIC) was even worse, giving investors a 1.56% sell-off to start the American weekend. Ouch.
But back to the local markets now. So let's check out where these losses were coming from with a look at the various ASX sectors and how they fared today.
Winners and losers
It ended up being a pretty depressing day for ASX shares, with every corner of the stock market retreating.
Leading the proverbial lemmings off the cliff today was the tech space. ASX tech shares had a shocker, represented by the S&P/ASX 200 Information Technology Index (ASX: XIJ)'s dire loss of 2.65%.
Energy stocks weren't quite as on the nose, but the S&P/ASX 200 Energy Index (ASX: XEJ) still had a horrible time of it, dropping by 1.27%.
Communication shares were another conspicuous sore spot. The S&P/ASX 200 Communication Services Index (ASX: XTJ) came away from today with a fall of 1.15%.
Then we have ASX consumer discretionary stocks and healthcare shares. Both of these sectors fared poorly as well, with the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) and S&P/ASX 200 Healthcare Index (ASX: XHJ) losing 0.84% and 0.77% respectively.
Consumer staples shares weren't quite as shunned by investors, but the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) still retreated by 0.57%.
Close behind that was the financials space. The S&P/ASX 200 Financials Index (ASX: XFJ) ended up closing 0.49% lower.
Miners weren't much luckier, with the S&P/ASX 200 Materials Index (ASX: XMJ) slipping by 0.46%.
The best place to be today was actually in utilities shares. But even this sector didn't escape the pain, with the S&P/ASX 200 Utilities Index (ASX: XUJ) closing the day 0.08% lower than where it started.
Top 10 ASX 200 shares countdown
It was a very subdued day indeed on the ASX boards, with only one share in the entire index gaining more than 2% today.
That was ASX uranium share Paladin Energy Ltd (ASX: PDN). Paladin shares boomed 4.15% up to $1.001 a share, as well as hitting a new 52-week high, thanks to strength in the uranium sector. Gold miner Ramelius Resources Ltd (ASX: RMS) also celebrated its first day in the ASX 200 today by making the top ten as well.
Here's how the rest of today's top ten turned out:
ASX-listed company | Share price | Price change |
Paladin Energy Ltd (ASX: PDN) | $1.001 | 4.15% |
ASX Ltd (ASX: ASX) | $56.59 | 1.54% |
Fisher & Paykel Healthcare Ltd (ASX: FPH) | $20.06 | 1.52% |
Alumina Limited (ASX: AWC) | $1.05 | 1.45% |
Ramelius Resources Ltd (ASX: RMS) | $1.40 | 1.45% |
Auckland International Airport Limited (ASX: AIA) | $7.19 | 1.41% |
Fletcher Building Ltd (ASX: FBU) | $4.24 | 1.19% |
Perpetual Ltd (ASX: PPT) | $21.01 | 1.01% |
Nine Entertainment Co Holdings Ltd (ASX: NEC) | $2.03 | 1% |
South32 Ltd (ASX: S32) | $3.39 | 0.89% |
Our top 10 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.