Flat start to week as gains from tech stocks counterbalance losses from miners

The ASX 200 finished the day of trading at 5952.3, 12.6 points, or 0.2 percent lower from Fridays close. This relatively stable price action from the market today can largely be attributed to gains from tech and property stocks which were offset by losses from the banks and iron ore miners.

Gainers and Losers

The biggest gainers on Monday were:

  • Mesoblast +12% to $5.50
  • EML Payments +7% to $2.89
  • Webjet +6.6% to $3.90
  • Qantas +6.4% to $4.13
  • Premier Investments +6.3% to $20.19

The biggest declines were:

  • a2 Milk -11.4% to $15.20
  • Crown Resorts -4.2% to $8.80
  • Blackmores -3.9% to $66.14
  • Western Areas -3.2% to $2.13
  • NRW Holdings -2.9% to $2.02

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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.