The S&P/ASX 200 Index (INDEXASX: XJO) had a disappointing start to the week on Monday.
The benchmark Aussie index fell 0.46% lower to 6,785.10 points as at yesterday's close. The All Ordinaries Index (INDEXASX: XAO) closed 0.43% lower at 6,894.70 points.
The Consumer Staples (+0.49%) and Information Technology (+0.44%) sectors led the way for the ASX 200 on Monday. The ASX Materials sector (-1.15%) was the hardest hit in yesterday's trade.
Find out all the biggest ASX 200 news, events and announcements as we kick off the Christmas week of trade for Aussie equities.
1. ASX 200 leadership changes hit just before Christmas
There were a couple of big changes at the top of the ASX 200 companies announced on Monday.
Costa Group Holdings Ltd (ASX: CGC), NIB Holdings Ltd (ASX: NHF) and BHP Group Ltd (ASX: BHP) were all in the news yesterday.
Costa Group CFO Linda Kow announced her resignation from the role and will step down on 1 May 2020. Costa shares rallied to finish more than 2% up, but nib shares slumped after announcing changes to the senior executive team.
BHP's CEO Andrew Mackenzie will retire earlier than anticipated with his retirement date brought forward to 31 March 2020.
2. Bank of Queensland share price climbs higher on capital raising
The Bank of Queensland Limited (ASX: BOQ) share price climbed higher on Monday after the ASX 200 bank provided a capital raising update.
The Aussie bank was planning on raising $25 million from a share purchase plan (SPP) but has received $90 million in applications from shareholders.
The issue price of the SPP will be $7.27 per share – a 2% discount on its volume-weighted average price (VWAP) between December 16 and December 20.
3. Domino's hits 52-week high before closing lower
The Domino's Pizza Enterprises Ltd (ASX: DMP) share price climbed to a new 52-week high before closing lower yesterday.
The ASX 200 food group reached $54.39 per share before closing down 0.39% on Monday.
Domino's has had a strong second half of the year and its share price has climbed 40.26% higher since the first of July.
