It has been a positive start to the week for the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO). In afternoon trade the benchmark index is almost 0.4% higher at 5,926 points.
Unfortunately not all shares have been able to follow the market higher today. Here's why these four shares have started the week in the red:
The Beadell Resources Ltd (ASX: BDR) share price has fallen 4% to 18.7 cents following the release of its quarterly update. According to the release, the gold miner produced 28,764 ounces during the September quarter. Although this was a 21% increase on the prior quarter, it wasn't as strong as many had expected and means that full-year production will be at the low-end of its guidance range.
The Domino's Pizza Enterprises Ltd. (ASX: DMP) share price is down 2.5% to $47.21. Today's decline may be related to a broker note released on Friday by Deutsche Bank which labelled the pizza chain operator as a sell with a $36 price target. I still think that Domino's could be a good buy and hold investment.
The Sigma Healthcare Ltd (ASX: SIG) share price has tumbled 6.5% to 76.7 cents despite there being no news out of the pharmacy chain operator and distributor. A number of retail shares have sunk lower today during a broad sector sell off. I wouldn't recommend buying the dip on this one though.
The Super Retail Group Ltd (ASX: SUL) share price has fallen 3.5% to $7.86. Like Sigma, Super Retail appears to have been caught up in a retail sell off. However, unlike Sigma, this is one retailer I would suggest investors considering buying on the dip. Its cheap price, strong start to FY 2018, and favourable broker notes make it a buy in my opinion.
