ASX 200 slides on Thursday: 7 shares you should have been watching

Downer EDI Limited (ASX:DOW) soared today after it revealed its earnings results

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The local share market started the day on a positive note but gradually lost its footing, ultimately ending the day in the red.

Here's a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.1% to 5645 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.1% to 5696 points
  • AUD/USD at US 76.37 cents
  • Iron Ore at US$83.34 a tonne, according to the Metal Bulletin
  • Gold at US$1,216.04 ounce
  • Brent oil at US$56.55 a barrel

Mesoblast limited (ASX: MSB) and Tabcorp Holdings Limited (ASX: TAH) were two of the market's biggest movers today, slipping 7.8% and 5.3% each. Tabcorp released its first-half results this morning, revealing a 28% dip in net profit.

Construction project software provider Aconex Ltd (ASX: ACX) also had another poor session, ending the day 2.7% lower.

On a more positive note, Downer EDI Limited (ASX: DOW) soared 13.1% for the day after it revealed a 2.1% lift in first-half revenue and an even greater 8.5% rise in earnings.

Vocus Group Ltd (ASX: VOC) also had a great session, rising 5.3%, while Domino's Pizza Enterprises Ltd. (ASX: DMP) gained 4.9%.

Beadell Resources Ltd (ASX: BDR) rose 9.5% as well following a strong rise in the price of gold. Its fellow gold miners all ended the day mostly higher, too.

Here are Thursday's top stories:

  1. Top stock picks for February
  2. 5 SHOCKS so far this earnings season
  3. Why 15 ASX stocks is enough (asteRISK)
Motley Fool contributor Ryan Newman has no position in any stocks mentioned. The Motley Fool Australia owns shares of ACONEX FPO. 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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