At closing bell, the benchmark S&P/ASX200 declined 11.73 points, or 0.17%, to 7,033.83. The broader All Ordinaries fell 12.29 points, or 0.17%, to 7,295.54.
ASX sectors were mixed, with IT weighed on the most, down 2.5%, followed by industrials, which fell 1%, and health care, down 0.8%. Materials gained 0.7%, while utilities rallied 0.2%.
Nickel Mines (NIC) shares dropped 12.1% with quarterly nickel production of 10,067.5t nickel, down 12.7% from the record 11,527t in the December quarter. Nickel sold was also down 10% with sales falling 13% to US$138.2m. Earnings (EBITDA) dropped 29% to US$50.7m.
Fashion retailer Universal Store (UNI) was 8.8% higher as Q3 FY21 sales grew 39.6% on the year before, aided by soft March sales a year ago. Like-for-like sales grew 27.5% in-store, while online sales surged 148%.
CURRENCY NEWS: The Australian dollar changed hands at $0.7771, following an earlier high of $0.7803.
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