The top performing stocks in this index were AGL ENERGY and ALLKEM, up 4.66% and 3.29% respectively. The bottom performing stocks in this index were REDBUBBLE and MAGELLAN FINANCIAL GROUP, down 9.31% and 4.88% respectively.
Shares of energy players declined on profit booking. Beach Energy fell 4%, while Santos dropped 1.6%.
Materials and resources were also lower, tracking an overnight downturn in Chinese stainless steel futures. Rio Tinto fell 0.9%, while BHP Group dropped 1.2%.
Technology stocks dropped on profit booking after strong rally in last two sessions. Software firm Xero and electronics solutions developer Codan fell 3.2% and 3.5%, respectively.
Shares of Sydney Airport Holdings closed 2.9% higher after the country's competition regulator approved its A$23.6 billion takeover.
ECONOMIC NEWS: Payroll jobs rose by 0.2% in the fortnight to 13 November 2021, following a rise of 1.5% in the previous fortnight, according to figures released today by the Australian Bureau of Statistics (ABS).
CURRENCY NEWS: The U.S. dollar recovered slightly against a basket of its peers the dollar index rose 0.15% to 96.042 from its previous close at 95.894. The Australian dollar traded down 0.1% at $0.7164.
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