The Australian market retreated today, after a quiet night on overseas markets on Friday.
The majority of sectors closed in the red. Materials were the worst performers on the day after a soft night for commodities last week.
Mining majors underperformed the general market; BHP declined 0.8%, Rio Tinto declined 1.3% whilst smaller rival Fortescue let go of 0.2%.
In the energy space, Santos and Woodside both fell by 0.7%.
The big four banks held up well despite the general market weakness.
ANZ and NAB were the best of the four, climbing 0.3% and 0.9% respectively.
The ASX 200 retreated 10 points (-0.2%), settling at 4263.