The big four banks were all down expect for ANZ (flat). NAB the worst performer of the group, dropping 0.8%. The mining majors weighed on the market as they factored in a steep decline during Friday’s night session. BHP and Rio Tinto lost 0.9% and 2.4% respectively, whilst Fortescue dropped 2.1%.
The ASX 200 lost 30 points (-0.7%) to close at 4541, but did manage to climb off its low of 4523.