The S&P/ASX 200 is trading 0.75 per cent lower at 6,891.30.
Futures
The SPI futures are down 41 points.
Best and worst performers
The best-performing sector is Utilities, up 0.57 per cent. The worst-performing sector is Communication Services, down 1.28 per cent.
The best-performing large cap is Northern Star Resources (ASX:NST), trading 1.39 per cent higher at $10.18. It is followed by shares in Fisher & Paykel Healthcare Corporation (ASX:FPH) and EBOS Group (ASX:EBO).
The worst-performing large cap is Seven Group Holdings (ASX:SVW), trading 3.23 per cent lower at $29.07. It is followed by shares in Yancoal Australia (ASX:YAL) and Mercury NZ (ASX:MCY).
Asian markets
Japan’s Nikkei has lost 1.93 per cent.
Hong Kong’s Hang Seng has lost 0.68 per cent.
China’s Shanghai Composite has lost 1.87 per cent.
Commodities and the dollar
Gold is trading at US$1,836.60 an ounce.
Light crude is trading $0.04 lower at US$89.19 a barrel.
One Australian dollar is buying 63.02 US cents.