The S&P/ASX 200 is trading 0.38 per cent lower at 7,291.30.
Futures
The SPI futures are down 32 points.
Best and worst performers
The best-performing sector is Health Care, up 0.3 per cent. The worst-performing sector is Utilities, down 1.19 per cent.
The best-performing large cap is IGO (ASX:IGO), trading 2.07 per cent higher at $14.57. It is followed by shares in Lynas Rare Earths (ASX:LYC) and Auckland International Airport (ASX:AIA).
The worst-performing large cap is Yancoal Australia (ASX:YAL), trading 8.71 per cent lower at $5.03. It is followed by shares in Northern Star Resources (ASX:NST) and Evolution Mining (ASX:EVN).
Asian markets
Japan’s Nikkei has lost 0.04 per cent.
Hong Kong’s Hang Seng has lost 1.52 per cent.
China’s Shanghai Composite has lost 0.02 per cent.
Commodities and the dollar
Gold is trading at US$1,962.80 an ounce.
Light crude is trading $0.37 higher at US$85.92 a barrel.
One Australian dollar is buying 64.59 US cents.