ASX claws its way back from early morning losses to close up 0.8%

Australia’s S&P/ASX 200 share index made a recovery from early morning lows, initially falling 1.4%, to finish 0.8% in the green at 6,663 points. 

Healthcare giants CSL and Blackmores (BKL) led the charge adding 2.33% and a whopping 8.85% respectively while the mining sector also closed up for the day.

The big four banks played a part in pulling up the index with Commonwealth (CBA) up 1.40% and ANZ up 1.48%.

Gainers and Losers

The biggest gainers on Monday were:

  • Blackmores +8.9%
  • Mesoblast +5.9%
  • Zip Co +5.2%
  • Elders +4.6%
  • South32 +3.9%

The biggest declines were:

  • Worley -10.9%
  • Service Stream -4.7%
  • Kogan -3.8%
  • Megaport -3.7%
  • Atlas Arteria -3.5%

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This article does not take into account the investment objectives, financial situation or needs of a particular person or entity. Before acting on any investment strategy or advice you should first consult with your current ASIC accredited investment professional or seek out a compliant investment professional for such.