The S&P/ASX 200 Index (ASX: XJO) endured a tough start to the trading week this Monday, continuing the market malaise we saw at the end of last week's trading. By the closing bell today, the ASX 200 had shed 0.5% of its value, leaving the index at 7,931.7 points.
This unhappy start to the week follows an equally rough end to the American trading week last Friday night and Saturday morning (our time).
The Dow Jones Industrial Average Index (DJX: DJI) had another horrid session, cratering by 0.93%.
The Nasdaq Composite Index (NASDAQ: .IXIC) fared similarly, losing 0.81% of its value.
But let's get back to the ASX this week with a look at how the various ASX sectors handed the market's bad mood today.
Winners and losers
Despite the negative sentiment of the markets, we still had a couple of sectors that managed to pull off a gain today.
But first, the losers.
The worst place to have had your money in this Monday was the energy sector. The S&P/ASX 200 Energy Index (ASX: XEJ) was annihilated, crashing by 1.62%.
Real estate investment trusts (REITs) ended up being the not-so-close second, with the S&P/ASX 200 A-REIT Index (ASX: XPJ) cratering 0.91%.
Mining shares also got a serving. The S&P/ASX 200 Materials Index (ASX: XMJ) tanked 0.86% today.
Communications stocks were also left out in the cold. The S&P/ASX 200 Communication Services Index (ASX: XTJ) was sent backwards by 0.79%.
Tech shares felt the pain too, with the S&P/ASX 200 Information Technology Index (ASX: XIJ) down 0.7%.
Utilities stocks were another sore spot. The S&P/ASX 200 Utilities Index (ASX: XUJ) was given a 0.44% downgrade by investors.
Gold shares weren't riding to the rescue, illustrated by the All Ordinaries Gold Index (ASX: XGD)'s 0.44% drop.
We saw financial stocks retreat as well. The S&P/ASX 200 Financials Index (ASX: XFJ) had its value cut by 0.4%.
It was a similar story for healthcare shares, with the S&P/ASX 200 Healthcare Index (ASX: XHJ) sliding down 0.28%.
Industrial stocks were our final losers this Monday. The S&P/ASX 200 Industrials Index (ASX: XNJ) slipped by 0.26%.
Our two winning sectors this session were consumer discretionary shares and consumer staples stocks. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) rose by 0.14% today, while the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) shot up a healthy 0.65%.
Top 10 ASX 200 shares countdown
Leading the winners this session was financial services company IRESS Ltd (ASX: IRE). IRESS shares had a field day today, surging a happy 9.31% up to $9.85 each.
This healthy move higher came after the company issued some revised guidance for the first half of the 2024 calendar year.
Here's the rest of today's winners:
ASX-listed company | Share price | Price change |
IRESS Ltd (ASX: IRE) | $9.85 | 9.32% |
Insignia Financial Ltd (ASX: IFL) | $2.50 | 5.04% |
Telix Pharmaceuticals Ltd (ASX: TLX) | $19.63 | 2.61% |
Strike Energy Ltd (ASX: STX) | $0.205 | 2.50% |
Data#3 Ltd (ASX: DTL) | $8.53 | 2.40% |
Nanosonics Ltd (ASX: NAN) | $3.10 | 2.31% |
Fletcher Building Ltd (ASX: FBU) | $3.04 | 2.01% |
Metcash Ltd (ASX: MTS) | $3.63 | 1.97% |
Treasury Wine Estates Ltd (ASX: TWE) | $12.37 | 1.89% |
Johns Lyng Group Ltd (ASX: JLG) | $6.00 | 1.69% |