Australian shares fell, following losses on Wall Street, driven by reduced demand for natural resource-related assets.
At 11:55am, the S&P/ASX 200 is 0.3 per cent lower at 8,293.30.
The SPI futures are pointing to a fall of 26 points.
Best and worst performersThe best-performing sector is Financials, up 0.27 per cent. The worst-performing sector is Information Technology, down 0.93 per cent.
The best-performing large cap is Evolution Mining
(ASX:EVN), trading 5.12 per cent higher at $4.93. It is followed by shares in Newmont Corporation
(ASX:NEM) and HUB24
(ASX:HUB).
The worst-performing large cap is Pilbara Minerals
(ASX:PLS), trading 4.66 per cent lower at $2.66. It is followed by shares in Whitehaven Coal
(ASX:WHC) and Mineral Resources
(ASX:MIN).
Commodities and the dollarGold is trading at US$2676.50 an ounce.
Iron ore is 2.1 per cent lower at US$105.25 a tonne.
Iron ore futures are pointing to a 0.1 per cent fall.
One Australian dollar is buying 66.79 US cents.