ASX 200 slips: 13 shares you should have been watching

Local shares fell sharply today, snapping the upwards trend set by international markets on Friday.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.8% to 5388 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.9% to 5470 points
  • AUD/USD at US 75.99 cents
  • Iron Ore at US$57.28 a tonne, according to the Metal Bulletin
  • Gold at US$1,253.17 an ounce
  • Brent oil at US$51.88 a barrel

Some of the country’s biggest shares led today’s sell-off.

Crown Resorts Ltd (ASX: CWN) shares were hammered, falling 13.9% after a number of its staff were arrested in China late last week.

This has impacted the share prices of fellow entertainment businesses. Star Entertainment Group Ltd (ASX: SGR) fell 3.7%. SKYCITY Entertainment Group Limited-Ord (ASX: SKC) dropped 3.9%. And Donaco International Ltd (ASX: DNA) fell 4.7%.

Telecommunications giant Telstra Corporation Ltd (ASX: TLS) also fell 1%.

Energy shares mostly ended today’s session in the red, as did the gold miners. Liquefied Natural Gas Ltd (ASX: LNG) and Santos Ltd (ASX: STO) were among the worst energy shares, falling 8.7% and 2.4%. Gold miners Regis Resources Limited (ASX: RRL) and Beadell Resources Ltd (ASX: BDR) fell 3.6% and 4.7%, respectively.

Small-cap Admedus Ltd (ASX: AHZ) rocketed 60% higher after it received FDA clearance to market its VascuCel product in the United States.

Fortescue Metals Group Limited (ASX: FMG) also rose 2.7%. Whitehaven Coal Ltd (ASX: WHC) rose another 3.5% and Computershare Limited (ASX: CPU) gained 2.8%.

Here are Monday’s top stories:

  1. Why the Crown Resorts Limited share price is cratering today
  2. Are the 10 most shorted shares on the ASX in your portfolio?
  3. Hungry for Dividends? Then don’t buy the banks
  4. Would Warren Buffett buy ARB Corporation Limited at today’s price?
  5. Gambling stocks punished on ASX
  6. Here’s why Admedus Ltd shares have rocketed 54% higher today

Discover How 1 Man Made 100x His Money After 50

Few know, that as Warren Buffett blew out the candles on his 50th birthday cake, he had just 1% of his current fortune. Think about it: At an age when most give up hope, Buffett was just getting started on the remaining 99% of his fortune. Goes to show you that it's never too late for you to potentially get rich. Which is why we've gathered the strategies we learned from Buffett, distilled them down to 11 simple lessons, and put it in an exclusive report for you to claim. Just click here to learn more about this handy investing guide.

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.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.