The Motley Fool

3 ASX 200 events you missed on Monday

The S&P/ASX 200 Index (INDEXASX: XJO) had a strong start to the week on Monday after recording its best gains since May 2019.

The ASX 200 edged 0.03% higher to close at 6,735.70 points as the All Ordinaries Index (INDEXASX: XAO) edged to 6,857.40 points.

Energy (+1.25%) and Materials (+0.68%) shares led the way for the ASX 200 on Monday while A-REITs (-0.58%) and Financials (-0.58%) fell lower.

Here’s a recap of the news, announcement and events that you missed on a mixed day for the Aussie share market.

1. ASX 200 gold miners rocket higher on Monday

The top ASX 200 performers on Monday were headlined by the Aussie gold miners. The Evolution Mining Ltd (ASX: EVN) share price rocketed 6.81% with Newcrest Mining Limited (ASX: NCM) shares climbing 3.94% higher.

St Barbara Ltd (ASX: SBM) was another top performer after gaining 2.90% across the day.

2. Bushfires continue to push shares lower

Despite strong gains from the Aussie gold miners, the impact of Australia’s ongoing bushfire crisis took centre stage on the markets yesterday with several affected ASX 200 shares falling.

The Costa Group Holdings Ltd (ASX: CGC) share price slumped 3.21% as the agriculture group reported supply chain disruptions.

The APA Group Ltd (ASX: APA) share price also fell lower as partner Cooper Energy Ltd (ASX: COE) reported ongoing disruptions at its Sole Gas Project in Gippsland, Victoria.

3. Bega shares slump nearly 10% lower

The hardest-hit ASX 200 share price on Monday was that of Bega Cheese Ltd (ASX: BGA)

The Bega share price plunged 9.26% to $3.92 per share at yesterday’s close and was another of the bushfire-affected companies.

Fires continue to rage in the Bega Valley and surrounding areas where the company has operations, which has impacted a number of its employees and dairy farm suppliers in the region.

This comes on top of the ongoing drought conditions that have plagued the ASX 200 company.

If you're seeking income on the markets today, don't miss these top dividend picks.

Top 3 Dividend Shares To Buy For 2020

When Edward Vesely -- our resident dividend expert -- has a stock tip, it can pay to listen. With huge winners like Dicker Data (up 126%) and Collins Food (up 79%) under his belt, Edward is building an enviable following amongst investors that are planning for retirement.

In a brand new report, Edward has just revealed what he believes are the 3 best dividend stocks for income-hungry investors to buy now. All 3 stocks are paying growing fully franked dividends giving you the opportunity to combine capital appreciation with attractive dividend yields.

Best of all, Edward’s “Top 3 Dividend Shares To Buy For 2020” report is totally free to all Motley Fool readers.

Click here now to access this free report.

Motley Fool contributor Kenneth Hall has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended COSTA GRP 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 Scott Phillips.

FREE REPORT: Five Cheap and Good Stocks to Buy now…

Our Motley Fool experts have FREE report, detailing 5 dirt cheap shares that you can buy today.

One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

Another is a diversified conglomerate trading near a 52-week low all while offering a 2.7% fully franked yield…

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.

CLICK HERE FOR YOUR FREE REPORT!