ASX slightly lower, weighed down by miners
The Australian share market has closed slightly lower, weighed down by falls in the share prices of the big miners, energy companies and a number of ex-dividend property, industrial, and utility stocks.
The benchmark S&P/ASX200 index closed 16.8 points, or 0.25 per cent, lower at 6,804.9 points on Monday, while the broader All Ordinaries was down 14.7 points, or 0.21 per cent, at 6,921.6 points.
Mining giant BHP was down 0.55 per cent to $39.42 and Rio Tinto fell 0.89 per cent to $101.60.
South32 fell 1.46 per cent to $2.70, Fortescue Metals was 1.09 per cent lower at $10.88, and BlueScope Steel dropped 0.84 per cent to $15.27.
The big four banks started the day lower but three of them recouped their losses to be higher at the close of trade.
ANZ was up 0.08 per cent at $24.80, Commonwealth Bank closed 0.04 per cent higher at $81.10, Westpac was up 0.29 per cent to $24.40, but NAB finished 0.16 per cent lower at $24.89.
Bendigo and Adelaide Bank finished flat at $9.95, Bank of Queensland was down 0.27 per cent at $7.38 and Macquarie Group was down 0.83 per cent at $139.07.
Shares in real estate groups Stockland, Mirvac, Dexus, GPT Group, and Vicitnity Centres - all of which went ex-dividend on Monday - fell by between 1.17 per cent and 3.07 per cent.
Toll road operator Transurban, Sydney Airport, and pipeline company APA also slipped, down by between 1.89 per cent and 4.25 per cent after delivering shareholders' payouts.
Energy stocks were in the red despite a rise in oil prices, with Woodside, Oil Search, Origin, and Santos down by between 0.14 per cent and 0.67 per cent.
Telco Telstra fell 0.55 per cent to $3.64, while biotech giant CSL regained earlier losses to close 0.55 per cent higher to $281.96.
Among consumer staple shares, supermarket Woolworths was down 0.08 per cent at $37.44, while rival Coles was up 0.07 per cent at $15.34.
The Aussie dollar is buying 69.89 US cents from 69.54 US cents on Friday, hovering around a five-month high.
ON THE ASX:
* The benchmark S&P/ASX200 index closed down 16.8 points, or 0.25 per cent, at 6,804.9 points
* The All Ordinaries was down 14.7 points, or 0.21 per cent, at 6,921.6 points.
* The SPI200 futures index was up three points, or 0.04 per cent, at 6,741 points.
CURRENCY SNAPSHOT AT 1630 AEDT
One Australian dollar buys:
* 69.89 US cents, from 69.54 US cents on Friday
* 76.28 Japanese yen, from 76.14 yen
* 62.40 euro cents, from 62.52 cents
* 53.27 British pence, from 53.50 pence
* 104.13 NZ cents, from 104.14
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