The S&P/ASX 200 is trading 0.62 per cent lower at 7,032.70.
Futures
The SPI futures are down 45 points.
Best and worst performers
The best-performing sector is Health Care, up 0.71 per cent. The worst-performing sector is Information Technology, down 1.75 per cent.
The best-performing large cap is Pro Medicus (ASX:PME), trading 11.7 per cent higher at $79.52. It is followed by shares in Incitec Pivot (ASX:IPL) and ResMed (ASX:RMD).
The worst-performing large cap is Evolution Mining (ASX:EVN), trading 2.83 per cent lower at $3.43. It is followed by shares in Liontown Resources (ASX:LTR) and Mineral Resources (ASX:MIN).
Asian markets
Japan’s Nikkei has lost 0.91 per cent.
Hong Kong’s Hang Seng has lost 0.79 per cent.
China’s Shanghai Composite has gained 0.45 per cent.
Commodities and the dollar
Gold is trading at US$1,932.00 an ounce.
Light crude is trading $0.34 lower at US$89.34 a barrel.
One Australian dollar is buying 64.17 US cents.