S&P/ASX 200 wrap: bad Thursday before Good Friday

The S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) ended lower on Thursday, as the Telstra Corporation Ltd (ASX: TLS) share price and Vocus Group Ltd (ASX: VOC) share price continued to fall.

Here’s a quick recap of global markets:

  • FTSE 100 (UK): down 0.22%
  • DAX (Germany): up 0.13%
  • CAC 40 (France): down 0.01%
  • Dow Jones (USA): down 0.29%
  • NASDAQ (USA): down 0.52%

Here are today’s key stats:

  • ASX 200: down 0.7%
  • All Ordinaries (ASX: XAO) (Index: ^AXAO): down 0.7%
  • Australian dollar (A$) (AUDUSD): 75.95 cents
  • Gold price: up 1%
  • Copper: down 1%
  • WTI Crude Oil: down 1%
  • Iron ore: $US68 a tonne, according to The Metal Bulletin

Leading the ASX 200 lower today were shares of major iron ore miners following the $US 6 per tonne selloff in iron ore prices overnight. Here are the effects on share prices:

  • BlueScope Steel Limited (ASX: BSL) – down 7.6%
  • Fortescue Metals Group Limited (ASX: FMG) – down 6.8%
  • Rio Tinto Limited (ASX: RIO) – down 4.6%
  • BHP Billiton Limited (ASX: BHP) – down 4%
  • South32 Ltd (ASX: S32) – down 4.5%

Also getting sold down on the ASX today were shares of Vocus Group and Telstra, falling 4.7% and 1.4%, respectively. In the past month, these companies are down 25% and 10%, respectively. Mesoblast Limited (ASX: MSB) and Vita Group Limited (ASX: VTG) were also sold off.

At the other end of the ASX performance tables, shares Independence Group NL (ASX: IGO), Afterpay Holdings Ltd (ASX: AFY), Northern Star Resources Ltd (ASX: NST) and Touchcorp Ltd (ASX: TCH) posted gains.

Here are today’s top stories:

Get this Big, Fat, Fully Franked Dividend share idea today. This company's dividend is almost the stuff of legends. Since it started paying dividends in 2007, it has increased its payout to shareholders every single year, a run that includes 21 consecutive dividend increases.

Discover the name of this "new breed" of blue chip along with 2 others in our new FREE report "The Motley Fool's Top 3 Blue Chips Stocks For 2017."

Click here to receive your copy.

Motley Fool Contributor Owen Raszkiewicz does not have a financial interest in any company mentioned. Owen welcomes and encourages your feedback. You can follow him on Twitter @OwenRask.

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.

HOT OFF THE PRESSES: My #1 Dividend Pick for 2017!

With its shares up 155% in just the last five years, this ‘under the radar’ consumer favourite is both a hot growth stock AND our expert’s #1 dividend pick for 2017. Now we’re pulling back the curtain for you... And all you have to do to discover the name, code and a full analysis is enter your email below!

Simply enter your email now to receive your copy of our brand-new FREE report, “The Motley Fool’s Top Dividend Stock for 2017.”

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.