Stocks in Australia fell after the market closed on Monday, dragged down by declines in the IT, A-REITs, and telecommunications services sectors.
At the close of trading in Sydney, the S&P/ASX 200 index was down 1.18 percent.
Pointsbet Holdings Ltd (ASX: PBH) had the best day on the S&P/ASX 200, rising 5.67%, or 0.17 points, to close at 3.17. Qantas Airways Ltd. (ASX: QAN) and Reliance Worldwide Corporation Ltd. (ASX: RWC) both ended the day with 2.86 percent and 1.77 percent gains, respectively.
Pro Medicus Ltd (ASX: PME) had the worst day, losing 7.81 percent, or 3.71 points, to close at 43.77. The market was dragged down by a 7.29 percent drop in Wisetech Global Ltd. (ASX: WTC) and a 7.17 percent drop in Goodman Group (ASX: GMG).
There were 1178 declining equities vs 327 rising ones on the Sydney Stock Exchange, with 327 remaining constant.
The S&P/ASX 200 VIX, a measure of implied volatility for the S&P/ASX 200 index options, increased 11.95 percent to 15.74.
Gold futures for June delivery fell 1.36 percent to $1,885.62 per troy ounce.Crude oil for June delivery fell 0.03 percent, or 0.03 cents, to $104.66 per barrel, while the July Brent oil contract rose 0.02 cents, or 0.02 cents.
The AUD/USD rate remained stable at 0.71, while the AUD/JPY rate rose 0.15 percent to 91.84.
At 103.25, the US Dollar Index Futures was up 0.28%.
