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.

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

a woman

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

Share Market News

Testing again

Read more »

Share Market News

Aaron Test 2

Read more »

Share Market News

Aaron Test

Read more »

Share Market News

JP Test

Read more »

Share Market News

JP Test

Read more »

Portrait of Discovery Fund portfolio managers Mark Devcich and Chris Bainbridge
Share Market News

Test

Portfolio managers Mark Devcich (left) and Chris Bainbridge. Image source: Discovery Fund test test

Read more »

a man in a hoodie grins slyly as he sits with his hands poised on a keyboard. He is superimposed with a graphic image of a computer screen asking for a password, suggesting he is a hacker.
Share Market News

Another ASX 200 company has been hit with a cyber incident. Here's what we know

Hackers have breached the systems of this ASX 200 company.

Read more »

a woman
Broker Notes

5 ASX 200 shares that inflation can't touch: expert

Regardless of whether you're a bull or a bear, cost pressures are a factor when buying stocks at the moment.

Read more »