It was a bullish start to the trading week for the S&P/ASX 200 Index (ASX: XJO) and many ASX shares this Monday, with the markets hitting another new all-time record high.
After ending last week on a high note, investors were clearly keen to keep the good times rolling today. The ASX 200 finished up 0.28% at 8,417.6 points. That's after minting a new intra-day all-time high of 8,462.1 points this session.
This euphoric kick-off to the trading week for ASX shares follows a similarly rosy end to the American week on Saturday morning.
The Dow Jones Industrial Average Index (DJX: .DJI) had another solid day, gaining 0.97%.
The Nasdaq Composite Index (NASDAQ: .IXIC) wasn't as enthusiastic but still climbed 0.16%.
But let's get back to this week and the local markets now with a look at what the different ASX sectors were up to today.
Despite today's market optimism, we still saw quite a few sectors take a backward step.
First amongst those were gold shares. The All Ordinaries Gold Index (ASX: XGD) was punished this Monday, plunging 1.27%.
Utilities stocks also copped some selling pressure, with the S&P/ASX 200 Utilities Index (ASX: XUJ) tanking 1.06%.
Mining shares suffered a loss too. The S&P/ASX 200 Materials Index (ASX: XMJ) dropped by a far tamer 0.24% though.
Financial stocks found themselves on the wrong side of the ledger as well, evident from the S&P/ASX 200 Financials Index (ASX: XFJ)'s 0.2% downgrade.
As did our last losers, energy shares. The S&P/ASX 200 Energy Index (ASX: XEJ) dipped 0.03% lower.
But that's it for the losers.
Turning to the green sectors now, ASX real estate investment trusts (REITs) led the charge higher with a 1.59% surge for the S&P/ASX 200 A-REIT Index (ASX: XPJ).
Healthcare stocks were on fire too. The S&P/ASX 200 Healthcare Index (ASX: XHJ) galloped up 1.34%.
Consumer discretionary shares were in a similar ballpark, as you'll see from the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ)'s 1.11% bump.
Tech stocks were in demand as well. The S&P/ASX 200 Information Technology Index (ASX: XIJ) rose by 0.94% today.
Industrial shares found themselves on the right side of the markets, with the S&P/ASX 200 Industrials Index (ASX: XNJ) jumping 0.78%.
Then we had communications shares. The S&P/ASX 200 Communication Services Index (ASX: XTJ) lifted 0.41%.
Finally, consumer staples stocks eked out a win, illustrated by the S&P/ASX 200 Consumer Staples Index (ASX: XSJ)'s 0.05% inch higher.
Topping the index this Monday was financial share Zip Co Ltd (ASX: ZIP). Zip stock shot up a healthy 4.36% this session to finish at $3.35 a share.
There wasn't any fresh news out of Zip that explains today's high performance. Saying that, Zip has been on a roll in recent weeks, with the company now up almost 25% since this time last month.
Here are the other winners from today's trading:
ASX-listed company | Share price | Price change |
Zip Co Ltd (ASX: ZIP) | $3.35 | 4.36% |
Guzman y Gomez Ltd (ASX: GYG) | $39.82 | 4.27% |
Life360 Inc (ASX: 360) | $21.75 | 3.57% |
Fletcher Building Ltd (ASX: FBU) | $2.91 | 3.56% |
Mirvac Group (ASX: MGR) | $2.18 | 3.32% |
Liontown Resources Ltd (ASX: LTR) | $0.795 | 3.25% |
Sigma Healthcare Ltd (ASX: SIG) | $2.63 | 3.14% |
Polynovo Ltd (ASX: PNV) | $2.04 | 3.03% |
Scentre Group Ltd (ASX: SCG) | $3.64 | 2.82% |
Ingenia Communities Group (ASX: INA) | $5.14 | 2.80% |
Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.
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