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The ASX200 has been down 0.4% at 8,133 points.

The Reserve Bank Board has decided to keep rates on hold at 4.35% in line with consensus expectations. The decision coincides with the Melbourne Cup – the race that stops a nation.

All sectors have lost ground and Financials has been the worst performer, down 0.8%, followed closed by IT, down 0.75% and Energy, down 0.56%.

Company News

Domino’s Pizza (ASX:DMP) has been down more than 7% on news CEO Don Meij, has retired after more than 20 years at the helm.

Dominos Pizza has been $31.21.

FireFly Metals (ASX:FFM) has been down 1.8% on news its adding 115 square kilometres of exploration tenure to its current landholding in Canada. The Green Bay copper-gold project holds a mineral resource estimate (MRE) of 59 million tonnes (Mt) at 2% for 1.2Mt of copper equivalent (CuEq).

FireFly Metals has been $1.29.

West African Resources (ASX:WAF) has been down 2.4% on results from its initial grade control drilling program at the Kiaka Gold Project in Burkina Faso.

West African Resources has been $1.76.

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