ASX 200 drops: 12 shares you should have been watching

A string of positive earnings results failed to keep the market afloat today as some of the country’s biggest shares weighed the market down.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.5% to 5507 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 5607 points
  • AUD/USD at US 77.11 cents
  • Iron Ore at US$60.87 a tonne, according to the Metal Bulletin
  • Gold at US$1,353.34 an ounce
  • Brent oil at US$49.71 a barrel

Shares of Webjet Limited (ASX: WEB) soared 20.5% today, while Bapcor Ltd (ASX: BAP) rose 6.1%.

Meanwhile, Treasury Wine Estates Ltd (ASX: TWE) rocketed 11.5% higher, Worleyparsons Limited (ASX: WOR) gained 9.9%, and Iress Ltd (ASX: IRE) rose 9.8%.

But Commonwealth Bank of Australia (ASX: CBA) shares fell 1.2%, while Westpac Banking Corp (ASX: WBC) lost 0.6%, which dragged on the market’s returns. Telstra Corporation Ltd (ASX: TLS) also fell 0.6%.

Primary Health Care Limited (ASX: PRY) lost 5.3%, making it one of the market’s worst performers for the day, with Mesoblast limited (ASX: MSB) also declining 4.7%.

EVOLUTION FPO (ASX: EVN) did stage something of a comeback from Wednesday though, lifting 4%, while Independence Group NL (ASX: IGO) rose 4% as well.

Here are Thursday’s top stories:

  1. Webjet Limited just wowed the market with 2 words
  2. Here’s why these 4 ASX shares are storming higher today
  3. Here’s why tech share Trade Me Group Ltd is soaring today
  4. Treasury Wine Estates Ltd made a motza in 2016: What’s next?
  5. Is Service Stream Limited a buy on stellar results?
  6. Why IPH Ltd is well positioned for future growth

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Motley Fool contributor Ryan Newman owns shares of Bapcor. The Motley Fool Australia owns shares of Bapcor. 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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