The ASX200 has been down 0.79% at 8,488 points.
The Aussie bourse retreated on Monday on the back of disappointing results among banks such as Westpac and Bendigo and Adelaide, and as Oz investors await a decision on Tuesday from the Reserve Bank.
Consumer staples has been the strongest performer, up 1.17%, followed by Real Estate, up 0.79%, and Utilities, up 0.66%.
Financial has been the worst-performing sector, down 2.03%, followed by Energy, down 1.53%, and Materials, down 0.70%.
Bendigo and Adelaide Bank (ASX:BEN) has been down 16.9% – on track for its worst day ever – after it reported a lower net interest margin in the first half of the 2025 fiscal year.
Austal has been $11.15
One of the big four banks Westpac (ASX:WBC) has been down 5.68% after telling investors its net profit had fallen 9 per cent in the first quarter to $1.7 billion.
Westpac has been $32.74 cents.
And Bluescope Steel (ASX:BSL) was 9.57% higher after its interim dividend was lifted to 30¢ in spite of a 59 per cent drop in net profit after tax.
Bluescope Steel has been $24.49
Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please clickhere.