By Oliver Gray
Investing.com - The S&P/ASX 200 finished Tuesday’s trading session down 0.3% to 6,645, extending losses of 1.4% in the previous session as market participants remained cautious as central banks across the globe look set to continue with aggressive interest rate hikes.
Among stocks, Energy finished 1.6% lower as Woodside Energy Ltd (ASX:WDS) fell 2.4%, Santos Ltd (ASX:STO) lost 1.3%, Beach Energy Ltd (ASX:BPT) lost 3.1% and Viva Energy Group Ltd (ASX:VEA) fell 1.1%.
Information Technology fell 1% as Block Inc (ASX:SQ2) dipped 0.2%, Appen Ltd (ASX:APX) lost 1.1%, Megaport Ltd (ASX:MP1) fell 4.9%, Link Administration Holdings Ltd (ASX:LNK) dipped 1.2%, Novonix Ltd (ASX:NVX) lost 0.8% and Brainchip Holdings Ltd (ASX:BRN) dropped 1.7%.
Real Estate lost 0.9% as Mirvac Group (ASX:MGR) lost 2%, Goodman Group (ASX:GMG) fell 1.6%, and Stockland Corporation Ltd (ASX:SGP) lost 0.9%
Financials fell 0.3% with Macquarie Group Ltd (ASX:MQG) down 0.6%, Commonwealth Bank Of Australia (ASX:CBA) fell 1% and National Australia Bank Ltd (ASX:NAB) lost 0.5%.
On the data front, Westpac’s Consumer Sentiment Index fell 0.9% from the previous month, while NAB’s Business Confidence fell to 5 from 10 in the previous month.
On the bond markets, Australia 10-Year rates were at 4.041% while United States 10-Year yields were at 3.992%.
In New Zealand, the NZX 50 added 0.4% to 10,956.7.