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ASX 200 soars: 11 shares you should have been watching

Local shares rebounded strongly on Monday, following a lead set by international markets on Friday. The major banks provided plenty of drive, together with the country’s biggest miners.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 1.1% to 5429 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 1% to 5524 points
  • AUD/USD at US 75.98 cents
  • Iron Ore at US$59.39 a tonne, according to the Metal Bulletin
  • Gold at US$1,324.50 an ounce
  • Brent oil at US$46.63 a barrel

Among the banks, Commonwealth Bank of Australia (ASX: CBA) shares bounced 2%, while Westpac Banking Corp (ASX: WBC) also gained 1.7%. National Australia Bank Ltd. (ASX: NAB) jumped 1.8%.

Meanwhile, BHP Billiton Limited (ASX: BHP) gained 2.5% and Rio Tinto Limited (ASX: RIO) lifted 1.5%.

Compared to the iron ore miners, however, the gold miners produced even greater gains for the day. EVOLUTION FPO (ASX: EVN) jumped 6.7% and Silver Lake Resources Limited. (ASX: SLR) rose 5.4%.

The aged care operators weren’t so lucky. In fact, the three major businesses in the sector were crushed following a government review.

Estia Health Ltd (ASX: EHE) shares were slammed 11.8%, although they did fall more than 30% earlier in the session. Japara Healthcare Ltd (ASX: JHC) crashed 14.7% as well. And Regis Healthcare Limited (ASX: REG) dropped 16.7%.

Super Retail Group Ltd (ASX: SUL) also ended the day 4.6% lower.

Here are Monday’s top stories:

  1. Why shares of Estia Health Ltd and Japara Healthcare Ltd are getting crushed today
  2. Can you afford to miss these enormous dividends?
  3. Up 169% in 8 months, have you missed your chance with this tech rocket?
  4. Pact Group shares surge, is it a better bet than Amcor Limited?
  5. Newcrest Mining Limited and gold shares go nuts, should you invest?
  6. 3 stocks to help you retire rich
  7. How to sell your property for virtually no fees

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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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