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ASX 200 Ends Higher Monday As BHP Shares Decline

The S&P/ASX 200 (INDEXASX: XJO) (^AXJO) and All Ordinaries (INDEXASX: XAO)(^AORD) indices ended higher on Monday despite BHP Billiton Ltd (ASX: BHP) shares ending lower, according to Yahoo! Finance.
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The Rask Invest research team produces daily ASX news and research on ASX-listed companies and funds. Join the conversation inside the free investor community. Click here to have your say.
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The S&P/ASX 200 (INDEXASX: XJO) (^AXJO) and All Ordinaries (INDEXASX: XAO)(^AORD) indices ended higher on Monday despite BHP Billiton Ltd (ASX: BHP) shares ending lower, according to Yahoo! Finance.

All Ordinaries: up 0.5% at 6,071.6 points

ASX 200: up 0.5% at 5,982.7 points

ASX Movers

  • Boral Ltd (ASX: BLD) – up 4.4%
  • Stockland Corporation (ASX: SGP) – up 3.2%
  • Galaxy Resources Limited (ASX: GXY) – up 6.2%

ASX Losers

  • Domino’s Pizza Enterprises Ltd (ASX: DMP) – down 3.9%
  • ResMed Inc. (ASX: RMD) – down 2.1%

Australian Investing News

Making news in Australia and on the ASX 200, financial advisory business AMP Limited (ASX: AMP) was again in the spotlight following the resignation of Chairperson Catherine Brenner.

Ms Brenner’s resignation follows that of former AMP CEO, Craig Meller, who stood down earlier this month. AMP found itself in the crosshairs of the Royal Commission into the banking and finance sector following allegations of ‘fee for no service’.

Click here to read more. 

Shares in the mining business Syrah Resources ended higher Monday after it announced it would target production at the lower end of its 2018 guidance.

Finally, shares in the major banks rebounded strongly, with Westpac Banking Corp (ASX: WBC) up 1.2% today. Meanwhile, mining giant BHP Billiton Ltd (ASX: BHP) shares ended 0.5% lower.

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With bond ETFs like ASX:IAF and the S&P 500 riding high, now could be one of the best times to start earning passive income from a portfolio of shares and ETFs.

In this free analyst report, our Chief Investment Officer, Owen Rask, names 10 ASX stocks and ETFs to watch.

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