3 ASX 200 events you missed on Monday

Catch up all of the ASX 200 news, announcement and events that you missed on Monday as the benchmark index closed 0.31% lower.

a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 Index (INDEXASX: XJO) started the week in disappointing fashion after shedding 0.37% on Monday.

The benchmark index fell to 6,735.70 points as the All Ordinaries Index (INDEXASX: XAO) edged 0.31% lower to 7,020.20 points.

Information Technology (+0.78%) and A-REITs (+0.13%) were the only sectors to finish in the green on an otherwise disappointing day. The ASX 200 Energy (-1.15%) and Healthcare (-1.14%) sectors were the hardest hit on Monday.

Here's a recap of yesterday's biggest news, announcements and events.

1. Afterpay Ltd (ASX: APT) leads ASX 200 tech shares higher on Monday

The Afterpay share price was the top performer on the ASX 200 on Monday.

The buy now, pay later group led the Information Technology shares higher with Nearmap Ltd (ASX: NEA) and Appen Ltd (ASX: APX) close behind.

All 3 ASX 200 tech stocks pushed higher on Monday despite no market-moving news for quite some time.

Afterpay's major competitor Zip Co Ltd (ASX: Z1P) did release a strong trading announcement, which could have boosted investors faith in the sector's growth going forward.

2. Lithium miners continue to push higher in 2020

The ASX 200 lithium mining shares were also among the winners on Monday.

Orocobre Ltd (ASX: ORE) led the way with the pure play miner's shares climbing 3.82% higher yesterday. That performance was closely followed by Pilbara Minerals Ltd (ASX: PLS) and Galaxy Resources Limited (ASX: GXY).

Yesterday's performance continues a strong trend which has seen the three mining stocks rocket higher to start the new decade.

Orocobre shares are up 33.21% since 2 January, while Pilbara Minerals (+25%) and Galaxy (+27.96%) shareholders have seen similar gains.

3. Agriculture shares under pressure as bushfires burn

Shares in several big ASX 200 agriculture shares were once again under pressure on Monday as fires continue to burn across the country.

The devastating bushfire season has impacted Bega Cheese Ltd (ASX: BGA) but the company's share price rebounded 1.13% yesterday.

It wasn't such a good day for Graincorp Ltd (ASX: GNC) and Rural Funds Group (ASX: RFF) with the ASX 200 shares falling 0.62% and 3.76%, respectively.

Kenneth Hall has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of AFTERPAY T FPO and ZIPCOLTD FPO. The Motley Fool Australia owns shares of and has recommended Nearmap Ltd. and RURALFUNDS STAPLED. The Motley Fool Australia owns shares of Appen Ltd. 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.

More on Share Market News

Three trophies in declining sizes with a red curtain backdrop
Share Gainers

Here are the top 10 ASX 200 shares today

It was a happy end to the trading week!

Read more »

A woman in hammock with headphones on enjoying life which symbolises passive income.
Share Market News

Goodman Group declares 15c unfranked interim distribution for H1 FY26

Goodman Group has declared a 15 cent unfranked interim distribution for the period ending 31 December 2025.

Read more »

A smiling woman holds a Facebook like sign above her head.
Broker Notes

Why Morgans just put buy ratings on these ASX stocks

The broker thinks these stocks could rise 17% to 68%.

Read more »

Business people discussing project on digital tablet.
Broker Notes

How much upside does Macquarie tip for REA Group shares?

Is the broker bullish, bearish, or something in between?

Read more »

A female broker in a red jacket whispers in the ear of a man who has a surprised look on his face as she explains which two ASX 200 shares should do well in today's volatile climate
Broker Notes

Brokers name 3 ASX shares to buy today

Here's why brokers are feeling bullish about these three shares this week.

Read more »

A group of young ASX investors sitting around a laptop with an older lady standing behind them explaining how investing works.
Broker Notes

5 ASX shares to buy now: experts

ASX 200 shares are having a ripper day on Friday, as we reveal 5 stocks with buy ratings from the…

Read more »

Bored man sitting at his desk with his laptop.
Share Fallers

Why Austal, Fenix Resources, Metcash, and Polynovo shares are falling today

These shares are ending the week in the red. But why?

Read more »

Person pointing at an increasing blue graph which represents a rising share price.
Share Gainers

Why 4DMedical, Dateline, Deep Yellow, and Newmont shares are pushing higher today

These shares are ending the week with a bang. But why?

Read more »