ASX 200 rebounds: 13 shares you should have been watching

Local shares rebounded today, reversing some of Monday’s heavy losses. That said, the market did give up some of its gains as the day wore on.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.2% to 5478 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.2% to 5573 points
  • AUD/USD at US 75.71 cents
  • Iron Ore at US$59.14 a tonne, according to the Metal Bulletin
  • Gold at US$1,323.90 an ounce
  • Brent oil at US$49.39 a barrel

Shares of BHP Billiton Limited (ASX: BHP) ended the session 0.9% higher after the miner updated the market regarding the Samarco tragedy that occurred in November 2015.

Fortescue Metals Group Limited (ASX: FMG) gained 3.9%, while Rio Tinto Limited (ASX: RIO) rose 0.8%.

The gold miners also enjoyed stronger performances today after getting smashed on Monday. Silver Lake Resources Limited. (ASX: SLR) closed 5.3% higher, while EVOLUTION FPO (ASX: EVN) jumped 6%.

Austal Limited (ASX: ASB) also gained 14%, while Ramsay Health Care Limited (ASX: RHC) and Select Harvests Limited (ASX: SHV) gained 7.8% and 6.5%, respectively.

Woolworths Limited (ASX: WOW) shares, on the other hand, declined 2.4% following reports that its Masters sale could be delayed.

Estia Health Ltd (ASX: EHE) lost another 15.1%, while Greencross Limited (ASX: GXL) lost 3%.

Slater & Gordon Limited (ASX: SGH) had a rough day as well, shedding 15.2%, while Surfstitch Group Ltd (ASX: SRF) shares more than halved in price, losing 54.4%.

Here are Tuesday’s top stories:

  1. Slammed: Slater & Gordon Limited shares sent down on $1 billion loss
  2. Ramsay Health Care Limited reports huge profits, is it time to invest?
  3. Why the FlexiGroup Limited share price is roaring today
  4. Is Capitol Health Ltd cheap or a value trap?
  5. Smashed: Why Gage Roads Brewing Co Limited and Surfstitch Group Ltd are sinking today
  6. 2 ASX shares I’d buy with $2,000 right now
  7. 9 dividend stocks with yields of more than 10%

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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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