Home » Markets » Australian Markets » Market slump drags 26 ASX 200 shares to multi-year lows

Market slump drags 26 ASX 200 shares to multi-year lows

by admin
0 comment 2 views

Heavyweight ASX 200 companies like CSL and Wisetech are among them.

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

S&P/ASX 200 Index (ASX: XJO) shares plunged 1.8% to a seven-month low of 7,818.3 points on Monday.

The benchmark index regained some ground today to close at 7,890.1 points, down 0.91%.

The market dive dragged scores of ASX 200 shares down to multi-year share price lows.

Today’s rough trading session followed a major slide on Wall Street overnight.

The S&P 500 Index (SP: .INX) fell 2.7% and the Dow Jones Industrial Average Index (DJX: .DJI) lost 2.08%. The Nasdaq Composite Index (NASDAQ: .IXIC) crashed 4%.

As my colleague Bernd reported earlier, US President Donald Trump has cautioned Americans that they could be in for a “period of transition”‘ as he imposes new tariffs on trading partners.

The prospect of a weakened US economy appears to have sent shivers through global markets today.

Here are some of the higher-profile companies that hit new multi-year lows today.

Heavyweights among the ASX 200 shares reaching multi-year lows

CSL Ltd (ASX: CSL)

The share market’s largest ASX 200 healthcare share hit an 18-month low of $250.10.

Wisetech Global Ltd (ASX: WTC)

The tech sector’s biggest share tumbled to a 13-month low of $83.11 today.

Endeavour Group Ltd (ASX: EDV)

The ASX 200’s fourth-biggest consumer staples share dipped to a 52-week low of $4.05.

Ampol Ltd (ASX: ALD)

The share market’s fourth-largest energy share fell to a four-year low of $23.63.

Block CDI (ASX: XYZ)

The ASX 200’s biggest buy now, pay later share sank to an 18-month low of $85.82.

Paladin Energy Ltd (ASX: PDN)

ASX 200’s largest pure-play uranium share, Paladin, sank to a two-year low of $5.91.

Reece Ltd (ASX: REH)

ASX industrial share Reece dropped to a two-year low of $15.81.

NextDC Ltd (NXT)

The NextDC share price plunged to a 16-month low of $12.72.

Pilbara Minerals Ltd (ASX: PLS)

ASX 200 lithium share Pilbara Minerals dipped to a four-year low of $1.70.

Mineral Resources Limited (ASX: MIN)

Diversified mining share Mineral Resources fell to a near five-year low of $20.58.

Flight Centre Travel Group Ltd (ASX: FLT)

ASX 200 travel share Flight Centre dropped to a two-and-a-half-year trough of $14.25.

IDP Education Ltd (ASX: IEL)

The IDP Education share price fell to a six-year low of $8.76 per share.

Viva Energy Group Ltd (ASX: VEA)

The Viva Energy share price reached a five-year trough of $1.56 per share.

Domino’s Pizza Enterprises Ltd (ASX: DMP)

The Domino’s Pizza share price tanked to an 11-year low of $25.76 per share on Tuesday.

Champion Iron Ltd (ASX: CIA)

ASX iron ore share Champion hit a two-and-a-half-year trough of $4.69.

Motley Fool contributor Bronwyn Allen has positions in CSL and Domino’s Pizza Enterprises. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Block, CSL, Domino’s Pizza Enterprises, Idp Education, and WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool Australia has recommended CSL, Domino’s Pizza Enterprises, and Flight Centre Travel Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

You may also like

Leave a Comment

About Us

Our website is your guide to the world of Australian finance and business. We deliver up-to-date economic news, market analysis, stock trends, and insights into property, investments, and banking.

Feature Posts

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

@2024 – All Right Reserved. ABC Australia – Australian financial and business news.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept No accept

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?