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ASX 200 rallies from June lows. Is the worst over?

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  • After falling to its lowest level since June on Friday, the S&P/ASX 200 Index has bounced back on Monday.
  • Commonwealth Bank of Australia shares are up 0.92% to $152.21, while National Australia Bank Ltd has climbed 1.97% to $39.30.
  • Healthcare is lending a hand as well, with CSL Ltd shares climbing 2.18% to $180.80.
  • BHP Group Ltd shares are down 0.63% to $60.34, while Rio Tinto Ltd has fallen 1% to $163.21.

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After falling to its lowest level since June on Friday, the S&P/ASX 200 Index has bounced back on Monday.

The benchmark is now up 0.46% to around 8,705 points, with the banks helping drive the recovery.

The index is still down around 3.7% over the past month, so there's plenty of ground to make up.

Commonwealth Bank of Australia shares are up 0.92% to $152.21, while National Australia Bank Ltd has climbed 1.97% to $39.30.

Macquarie Group Ltd is also having a good session, rising 2.16% to $244.70.

Healthcare is lending a hand as well, with CSL Ltd shares climbing 2.18% to $180.80.

Away from the banks, one of Monday's biggest movers is Northern Star Resources Ltd.

The gold miner's shares are up 7.69% to $23.81 after rejecting a takeover approach from South African giant Gold Fields.

BHP Group Ltd shares are down 0.63% to $60.34, while Rio Tinto Ltd has fallen 1% to $163.21.

Evolution Mining Ltd shares are down 2.15% to $13.65, and Newmont Corporation has dropped 2.74% to $123.93.

Shortened to 1 minute of reading, this version reads 11.5 on the Niral Score.

You are reading our version, not theirs. This is The Motley Fool Australia's report shortened to its most important sentences, in plainer words, with verdicts and loaded words taken out. Plain description stays, and so do adjectives that carry a fact, such as "former" or "federal". The reporting, the facts and the quotations are theirs — quotations are never edited — and the indicators beside it measure this version. Hover or tap Adjectives to see every one left in the text.

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Outlet Niral ScoreAdjectivesSentimentHappiness
The Motley Fool Australiaas they published this story 15.5 12 0.3 55.3
Mundane Readneutralized from The Motley Fool Australia 11.9 9 0.3 55.3

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