ASX review on Friday: 11 shares you should have been watching

The SBM share price was crushed today as the gold price tumbled

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The St Barbara Ltd (ASX: SBM) share price was one of the market's biggest losers today after the gold price fell overnight. The SBM share price closed 9.2% lower for the day, with the broader market closing deep in the red as well.

Here's a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.8% to 5729 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.8% to 5775 points
  • AUD/USD at US 75.47 cents
  • Iron Ore at US$92.36 a tonne, according to the Metal Bulletin
  • Gold at US$1,232.15 an ounce
  • Brent oil at US$55.20 a barrel

St Barbara wasn't the only gold miner that suffered on Friday. The Evolution Mining Ltd (ASX: EVN) share price fell 5.1%, while Resolute Mining Limited (ASX: RSG) and Northern Star Resources Ltd (ASX: NST) slipped 9.6% and 3.6%, respectively.

A number of blue chip shares closed significantly lower, as well. The Medibank Private Ltd (ASX: MPL) share price dropped 3.1%, the Rio Tinto Limited (ASX: RIO) share price lost 4.1% and Fortescue Metals Group Limited (ASX: FMG) shed 5.1%.

On a more positive note, the aged care operators had a good day on the market. The Estia Health Ltd (ASX: EHE) share price rose 1% and Japara Healthcare Ltd (ASX: JHC) lifted 0.8%.

Spotless Group Holdings Ltd (ASX: SPO) also rose 2.5% and QBE Insurance Group Ltd (ASX: QBE) gained 1.8%.

Here are Friday's top stories:

  1. Forget Snap Inc: Here are 2 of the ASX's most attractive tech shares
  2. Gold miners CRUSHED: Are there more declines to come?
  3. 2 software shares I'm watching
Motley Fool contributor Ryan Newman has no position in any stocks mentioned. 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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