ASX 200 soars: 10 shares you should have been watching

Australian shares rocketed higher today, following the lead set by international equity markets on Friday night. The ASX 200 is now sitting firmly above the 5,500-point mark.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.7% to 5537 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.7% to 5625 points
  • AUD/USD at US 76.14 cents
  • Iron Ore at US$60.74 a tonne, according to the Metal Bulletin
  • Gold at US$1,335.72 an ounce
  • Brent oil at US$44.43 a barrel

The banks were particularly strong today. Australia and New Zealand Banking Group (ASX: ANZ) shares lifted 1.8% while Commonwealth Bank of Australia (ASX: CBA) gained 1.4%. Meanwhile, Bendigo and Adelaide Bank Ltd (ASX: BEN) shares also lifted 4.3%.

BHP Billiton Limited (ASX: BHP) also rose 2.3% while Wesfarmers Ltd (ASX: WES) shares rose 0.5%.

Flight Centre Travel Group Ltd (ASX: FLT) was one of the market’s best performers for the day. Its shares gained 5.5% to $33.40.

Unfortunately, the strong gains weren’t enjoyed by every company on the ASX.

The gold miners in particular were hit hard after the gold price sank. EVOLUTION FPO (ASX: EVN) dropped 5.7% and Newcrest Mining Limited (ASX: NCM) fell 4.2%.

iCar Asia Ltd (ASX: ICQ) and MMA Offshore Ltd (ASX: MRM) ended the day in the red, as well. iCar Asia shares fell 16.9% and MMA Offshore lost 2.9%, although its shares did fall as much as 13.2% during the session.

Here are Monday’s top stories:

  1. 2 top small caps to buy with $10,000 today
  2. Bendigo and Adelaide Bank Ltd lifts dividend, is it a buy?
  3. Reckon Limited rockets ahead of earnings, is this tech share a buy?
  4. Why aren’t you a millionaire yet?
  5. iCar Asia Ltd crashes on profit update
  6. 4 stocks to buy now and hold for the next 20 years
  7. Here’s why the gold miners are getting smashed today
  8. What to watch when Commonwealth Bank of Australia reports

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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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