Most sectors are weaker, with utilities, IT, and property stocks the weakest links. Conversely, telcos, health care and industrials are the strongest performers. In company news, Aquarius Platinum is down 2.7% after announcing that CEO Mr Stuart Murray has resigned.
Elsewhere QR National has jumped 5% after announcing it has signed an agreement with Queensland Treasury Holdings to buy back $1 billion worth of shares at $3.47 a share. Around the region, Asian markets are lower with the Hang Seng down 0.7%.