The S&P/ASX 200 is trading 0.62 per cent lower at 7,151.80.
Futures
The SPI futures are down 46 points.
Best and worst performers
The best-performing sector is Consumer Staples, up 0.19 per cent. The worst-performing sector is Energy, down 1.92 per cent.
The best-performing large cap is Aristocrat Leisure (ASX:ALL), trading 2.95 per cent higher at $42.25. It is followed by shares in Cleanaway Waste Management (ASX:CWY) and Insurance Australia Group (ASX:IAG).
The worst-performing large cap is IGO (ASX:IGO), trading 3.22 per cent lower at $12.64. It is followed by shares in IDP Education (ASX:IEL) and Pilbara Minerals (ASX:PLS).
Asian markets
Japan’s Nikkei has lost -0.55 per cent.
Hong Kong’s Hang Seng has lost -0.61 per cent.
China’s Shanghai Composite has lost -0.33 per cent.
Commodities and the dollar
Gold is trading at US$1,951.60 an ounce.
Light crude is trading $-0.87 lower at US$90.33 a barrel.
One Australian dollar is buying 64.49 US cents.