S&P/ASX 200 kicks off new week with gains as tech and health stocks boost Australian shares; check top gainers-losers and best performing sectors
Australian shares began the week with a modest rise on Monday, with the S&P/ASX 200 gaining 0.22%. Technology and healthcare stocks led the advance, offsetting declines in miners and financials. Top performers included Austal and WiseTech Global,...

The S&P/ASX 200 closed up Monday, gaining 19.50 points or 0.22% to 8,937.10, after last week's 2.4% rally that marked its strongest weekly performance in ten months. According to the ASX website, the top-performing stocks in the benchmark were AUSTAL LIMITED and WISETECH GLOBAL LIMITED, up 19.51% and 12.88%, respectively.
S&P/ASX 200: Top gainers and losers
The S&P/ASX 200 Top 5 gains were led by ASB, with Austal Limited closing at 5.820, up 0.950, a rise of 19.507%. WTC, WiseTech Global Limited, finished at 48.110, gaining 5.490, or 12.881%. SEK, Seek Limited, ended the session at 17.100, up 1.260, marking a 7.954% increase. XRO, Xero Limited, rose 5.570 to 79.060, a gain of 7.579%. JBH, JB Hi-Fi Limited, closed at 82.400, climbing 5.720, or 7.459%.
On the downside, the S&P/ASX 200 Top 5 declines were headed by TWE, with Treasury Wine Estates Limited finishing at 4.970, down 0.270, a fall of 5.153%. FMG, Fortescue Ltd, slipped 1.000 to 20.210, declining 4.715%. RIO, Rio Tinto Limited, dropped 6.990 to 162.750, a decrease of 4.119%. ANZ, ANZ Group Holdings Limited, fell 1.260 to 39.630, down 3.082%. IFT, Infratil Limited, ended at 9.310, losing 0.270, or 2.819%.
Top-performing sectors
8 of 11 sectors ended higher along with the S&P/ASX 200 Index, according to the ASX website. Information Technology was the best-performing sector, gaining +5.65% and rebounding from its recent decline. This sector is off -3.23% for the past five days.
Technology stocks rose 5.7% to post their strongest session in over 10 months. Tech majors Wisetech, Xero and Technology One led the gains on the subindex, rising between 5.6% and 12.9%.
Healthcare stocks rebounded 1.1% for their strongest session in nearly three weeks, as heavyweights CSL and Cochlear rose 1.4% and 0.6%, respectively, recovering from last week's earnings-driven sell-off.
Gold stocks added 1%. Consumer stocks rose 1.6%, helped by a 7.5% jump in JB Hi-Fi following upbeat half-year results. Treasury Wine Estates slipped 5.2% after cutting its interim dividend on continued demand weakness.
Limiting gains on the benchmark, miners fell 1%, with BHP and Rio Tinto down 1.5% and 4.1%, respectively. The mining giants will report their half-year results on Tuesday and Thursday, respectively. Banks lost 0.1%. Top lender CBA rose 1.2%, while National Australia Bank, due to report quarterly results on Wednesday, slipped 1%.
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