ASX 200 falls, Coca-Cola loses its fizz: 11 shares you should have been watching

Credit: Coca Cola

Local shares fell sharply today with the benchmark index trading below the 5,400-point mark for much of the session. However, it did bounce back late in the afternoon.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.4% to 5408 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.4% to 5489 points
  • AUD/USD at US 76.14 cents
  • Iron Ore at US$58.72 a tonne, according to the Metal Bulletin
  • Gold at US$1,263.77 an ounce
  • Brent oil at US$51.60 a barrel

Coca-Cola Amatil Ltd (ASX: CCL) shares were sold off heavily during Monday’s session. The shares plunged 6.4% following an Investor Day presentation which provided an update on its strategic review.

Shares of Healthscope Ltd (ASX: HSO) also continued their downward spiral, shedding another 5.9%. Ramsay Health Care Limited (ASX: RHC) also shed 4.6%.

G.U.D. Holdings (ASX: GUD), Cochlear Limited (ASX: COH) and Santos Ltd (ASX: STO) were three of the market’s other poor performers. They slipped 5.1%, 4.3% and 2.9%, respectively.

Crown Resorts Ltd (ASX: CWN) has been in the news a lot recently. Its shares lost another 2.9% today. Its rival Star Entertainment Group Ltd (ASX: SGR) shed 2.7%, while SKYCITY Entertainment Group Limited-Ord (ASX: SKC) lost 0.3%.

Some of the better performing shares for the day, on the other hand, were Mesoblast limited (ASX: MSB) and BlueScope Steel Limited (ASX: BSL). The pair rose 2.7% and 4.8%.

Here are Monday’s top stories:

  1. 12 ASX growth stocks for the next 5 years
  2. Why Coca-Cola Amatil Ltd shares are in a tailspin today
  3. Yowie Group Ltd sales rocket 104% – is it a buy?
  4. Are the 10 most shorted ASX shares still in your portfolio?
  5. 3 signs you’ve found a great company
  6. Super Retail Group Ltd shares fall on trading update: What you need to know
  7. Is National Australia Bank Ltd about to slash its dividend?

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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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