The ASX200 closed down 1.66% at 8,205 points in its worst day in seven weeks.
The local bourse shed some of the gains from recent weeks as investors took profits and re-evaluated their portfolios.
Health Care suffered the biggest losses, down 2.4%, followed by Real Estate 2.25% and Discretionary, down 2%.
In the Green
Wisetech (ASX:WTC) has bounced back 2.84% today after billionaire founder Richard White settled litigation with former lover Linda Rogan.
Wisetech closed at $107.62.
Orthocell (ASX:OCC) closed up 7.41% in a continuation of the stocks upward trajectory. The company is up 75% for the month so far.
Orthocell closed at 72.5 cents.
Stanmore Resources (ASX:SMR) closed up 3.44% after releasing its quarterly update. Investors responded to the results with enthusiasm.
Stanmore Resources closed at $3.01.
In the Red
Mineral Resources (ASX:MIN) finished down 4.25% extending yesterday’s losses. The tax evasion scandal engulfing founder Chris Ellison continues to be a drag on the stock price.
Mineral Resources closed at $37.87.
Augustus Minerals (ASX:AUG) has extended its Justinian copper-gold prospect over three kilometres, in addition to picking up gold assays of 5.3 grams per tonne of gold and 16% copper through rock chip sampling.
Augustus Minerals closed at 4.8 cents.
Larvotto Resources (ASX:LRV) closed down 4.81% on news its gearing up to drop more gold and antimony drill data. Drilling is set to kick off at Garibaldi and Bakers’ Creek, two areas of interest within the larger NSW-based Hillgrove landholding.
Larvotto Resources closed at 49.5 cents.