ASX 200 plunges: 11 shares you should have been watching

The local share market fell sharply after it opened this morning and, from there, it never looked like recovering.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.9% to 5339 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.8% to 5440 points
  • AUD/USD at US 76.55 cents
  • Iron Ore at US$58.14 a tonne, according to the Metal Bulletin
  • Gold at US$1,337.87 an ounce
  • Brent oil at US$49.47 a barrel

Most shares spent the majority of Friday’s session in the red.

Australia and New Zealand Banking Group (ASX: ANZ) lost 1.2%, while rivals Commonwealth Bank of Australia (ASX: CBA) and Westpac Banking Corp (ASX: WBC) dropped 1.7% and 1.6%, respectively.

Woolworths Limited (ASX: WOW) also fell 1.8%, with fellow grocery giant Wesfarmers Ltd (ASX: WES) declining 1.1%.

Mining giant BHP Billiton Limited (ASX: BHP) produced a far superior performance, rising 2.6%. South32 Ltd (ASX: S32) also gained 5.2%.

Gold miner Beadell Resources Ltd (ASX: BDR) fell sharply, shedding 7.1%. Select Harvests Limited (ASX: SHV) also declined 3.1%.

Sigma Pharmaceutical Limited (ASX: SIP), on the other hand, backed up Thursday’s performance with another stunning return. Its shares rose 9.3%, with Whitehaven Coal Limited (ASX: WHC) also gaining 8.7%.

Here are Friday’s top stories:

  1. 3 blue-chip shares that won’t let you down
  2. 4 shares you’d love to buy, but shouldn’t
  3. Should you buy shares of JB Hi-Fi Limited and Nick Scali Limited?
  4. Why this top broker thinks Flight Centre Travel Group Ltd is a buy
  5. 3 growing biotech shares that could make you rich
  6. Shareholders set to receive $24 billion in dividends

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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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