Welcome to The Sectoral Pulse by Kalkine TV – a special show covering all sectoral movements from the markets for the day. The Australian equity benchmark ASX 200 opened marginally lower after the US stocks closed mixed overnight.
Australian tech stocks tracked these losses and fell nearly 2 per cent, with heavyweight buy-now-pay-later firm Afterpay and WiseTech Global dropping.
The euro dropped back to $1.20.15. The dollar was a shade firmer on the yen at 109.36. Miners traded lower after gaining about 0.4 per cent earlier in the session, with gold miners being the biggest drags after bullion prices fell more than 1 per cent overnight.
the ban on travellers from India by Australia had added "anxiety" for its cricketers after the Indian Premier League's suspension. The Australian government has barred its own citizens from returning home within 14 days of being in India on pain of fines and jail, leaving dozens of its IPL players, coaches and officials stranded.