SYDNEY, AAP – Investors have started a week of key data and decisions by taking money out of the ASX.
The market closer lower for the fourth trading day in the past five prior to Australian inflation data on Tuesday and a US Federal Reserve policy meeting this week.
Most share categories were down and there were falls of more than one per cent for technology, utilities and materials.
The benchmark S&P/ASX200 index closed down 36.3 points, or 0.51 per cent, to 7139.5 points.
The All Ordinaries index closed lower by 48.6 points, or 0.65 per cent, to 7441.5 points.
The Australian dollar was buying 71.77 US cents at 1619 AEDT, lower from 71.86 US cents at Friday’s close.