Here are last week’s 3 biggest ASX 200 losers


Last week, the S&P/ASX 200 index fell 12.1 points or 0.2 per cent to close on Friday at 6045.20.

Here are the week’s 3 biggest ASX 200 losers.

Retail Food Group Limited

The Retail Food Group Limited (ASX:RFG) share price crashed 24.22 per cent lower to close the week at 61 cents. Shares in the embattled food and beverage company were hit once again after it was one of three companies removed from the S&P 200 index on Friday. This rounded out a disappointing year for Retail Food Group, which is down almost 88 per cent over the last 12 months.

Ramsay Health Care Limited

The Ramsay Health Care Limited Fully Paid Ord. Shrs (ASX:RHC) share price dropped 7.48 per cent lower to close the week at $56.66. Ramsay Health Care shares fell after private hospital operator was downgraded by analysts at Credit Suisse last Tuesday. The broker downgraded Ramsay Health Care’s shares to an underperform rating from neutral and its analysts have cut the price target on the company’s shares down from $68.60 to $56.50.

Metcash Limited

The Metcash Limited (ASX:MTS) share price fell 6.9 per cent lower to close the week at $2.70. Metcash shares continued to fall after the IGA and Foodland supermarkets supplier announced that it will be hit with a $352 million impairment charge. This comes after Drakes Supermarkets said last month that it would not commit to Metcash beyond the June 2019 end of the parties’ current South Australia agreement. Total sales, including tobacco, to Drakes Supermarkets in South Australia, were about $270 million in the 12 months to April 30. 

Here’s how you can strike it rich in the share market…

The best way to strike it rich in the share market is to buy shares that are not only cheap, but growing quickly.

Combining countless hours of research with over 30 years of hands-on stock market investing experience, The Capital Club’s founder Bruce Jackson has just published his definitive list of 3 Cheap and Good ASX Stocks for 2018.

Best of all, the report is absolutely free, exclusively for readers of The Capital Club.

In this comprehensive free report, you’ll find the name of one ASX gold stock that’s not only profitable, but trading at less than 4 times forecast profits.

You’ll also discover the name of a company one fund manager has called the cheapest stock in the ASX 100, and you’ll read about the three catalysts that could push the share price higher in the next six months.

Finally, the report names one of the cheapest retailers trading on the ASX, a company that just picked up the assets of a distressed competitor on the cheap, paying just 2 times earnings. No wonder one top fund manager thinks its share price could at least double.

With the share prices of each of these 3 companies having the potential to double or more, you’ll want to act now. Simply click here or the button below, enter your email address, and this free report will be instantly sent to you.

See the 3 stocks

Contributors to this article may own shares in some of the companies mentioned in this article. The Capital Club has a thorough disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
Lauren Surplice is a keen follower of the stock market, investing in individual companies and funds. She follows the daily stock market news, covering the ASX stocks that are moving the markets. You can contact Lauren at