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Here’s what happened to the ASX 200 today

Local shares were pulled lower today, although the market did recover some of its losses as the day went on.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.2% to 5243 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.1% to 5312 points
  • AUD/USD at US 76.06 cents
  • Iron Ore at US$66.24 a tonne, according to the Metal Bulletin
  • Gold at US$1,294.18 an ounce
  • Brent oil at US$46.83 a barrel

Westpac Banking Corp (ASX: WBC) kicked off a busy week for investors as it reported its half-year earnings report. The results were mediocre at best, and investors responded accordingly, selling the shares down 3.5%.

Australia and New Zealand Banking Group (ASX: ANZ) also lost 2.2%, while Commonwealth Bank of Australia (ASX: CBA) and National Australia Bank Ltd. (ASX: NAB) lost 2.1% each.

Telstra Corporation Ltd (ASX: TLS) provided some support, rising 2.8% after it said it would return an additional $1.5 billion to investors.

Another share that dominated today was embattled law firm Slater & Gordon Limited (ASX: SGH), whose shares doubled in price after gaining as much as 130% earlier in the session.

Gold miner EVOLUTION FPO (ASX: EVN) was the strongest on the ASX 200, rising 9.7%, while Aconex Limited (ASX: ACX) was among the worst, falling 3.9%.

Here are Monday’s top stories:

  1. Westpac Banking Corp delivers flat dividend: What you need to know
  2. Are the big four banks still the best source of dividends?
  3. Shareholders of Telstra Corporation Ltd to receive extra $1.5 billion
  4. Top stock picks for May
  5. Why the Slater & Gordon Limited share price is rocketing today
  6. 8 of the ASX’s best technology shares you can buy today

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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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