The S&P/ASX 200 Index (ASX: XJO) had a rough start to the trading week this Monday, giving up an early rise to end the day down rather heftily. After an early surge, the ASX 200 took a big dive mid-morning from which it never recovered.
By the end of the session, the index had tanked 0.76% and fell below 7,000 points, finishing the day at 6987.6 points.
Today's miserable start to the week's trading comes after a bit of a mixed bag over on the US markets last Friday night (our time).
The Dow Jones Industrial Average Index (DJX: .DJI) finished the American trading week on a positive note, gaining 0.33%. However, the Nasdaq Composite Index (NASDAQ: .IXIC) wasn't so fortunate, suffering a loss of 0.11%.
But let's get back to the local markets now, and see where today's disappointing outcome came from with a deeper look at the various ASX sectors.
Winners and losers
Today's standout loser was the real estate investment trusts (REIT) space. The S&P/ASX 200 A-REIT Index (ASX: XPJ) had a tough day, cratering by 1.35%.
Consumer discretionary shares were almost as shunned by investors, with the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) losing a nasty 1.26%.
Then we had mining stocks. The S&P/ASX 200 Materials Index (ASX: XMJ) had a day to forget as well, shedding 1.13% of its value.
Next up was the consumer staples sector. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) had a miserable time of it and slid 0.97% lower.
Healthcare shares were next. The S&P/ASX 200 Healthcare Index (ASX: XHJ) wasn't left out of the pity party and took a 0.56% backward step.
Following healthcare shares were financial stocks. The S&P/ASX 200 Financials Index (ASX: XFJ) also had a poor showing and retreated by 0.51%.
Top 10 ASX 200 shares countdown
ASX tech share Weebit Nano Ltd (ASX: WBT) was our best performer on the index this Monday. By market close, the Weebit share price had put on a rosy 5.41% to $3.70 a share.
This move comes amid news that the company is set to present at the 2023 Automic Invest conference.
And here's how the rest of today's winning shares brought it home:
ASX-listed company | Share price | Price change |
Weebit Nano Ltd (ASX: WBT) | $3.70 | 5.41% |
Ramelius Resources Ltd (ASX: RMS) | $1.585 | 3.93% |
Genesis Minerals Ltd (ASX: GMD) | $1.76 | 3.83% |
TechnologyOne Ltd (ASX: TNE) | $15.40 | 2.67% |
Netwealth Group Ltd (ASX: NWL) | $14.58 | 2.60% |
West African Resources Ltd (ASX: WAF) | $0.84 | 2.44% |
Healius Ltd (ASX: HLS) | $1.33 | 2.31% |
QBE Insurance Group Ltd (ASX: QBE) | $15.64 | 2.22% |
Elders Ltd (ASX: ELD) | $7.42 | 2.20% |
Viva Energy Group Ltd (ASX: VEA) | $3.10 | 1.97% |
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.