S&P/ASX 200 hits one-month low as aged-care providers crash

Local shares ended the day at a one-month low as the market continues to lack direction on the back of mixed economic data over inflation and gross domestic product growth.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.8% at 5278 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.8% to 5354 points
  • AUD/USD down 0.4% at US 72.3 cents
  • Iron Ore at US$49.80 a tonne
  • Gold at US$1,217 an ounce
  • Brent oil at US$49.01 a barrel

Today’s leading gainers from among the S&P/ASX 200 included coal miner Whitehaven Coal Ltd  (ASX: WHC) up 9.4%, and almond farmer Select Harvests Limited  (ASX: SHV) up 7.5%.

Elsewhere, the banking heavyweights dragged down the market with Australia and New Zealand Banking Group (ASX: ANZ) down 1.75%, and Westpac Banking Corp (ASX: WBC) down 1.4%.

The biggest fallers from the S&P/ASX 200 were aged care providers Japara Health Care Ltd (ASX: JHC) and Regis Healthcare Ltd (ASX: REG) down 9% and 8.4% respectively.

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Motley Fool contributor Tom Richardson has no position in any stocks mentioned.

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The Motley Fool Australia has no position in any of the stocks mentioned. 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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