The ASX200 started the week down around 0.7% at 7,955 points in early afternoon trade.
Australia’s second largest bank Westpac (ASX:WBC) has been down around 1.3% after appointing Anthony Miller as its new CEO. Starting in the role on the 16th of December, Mr Miller is currently CEO of the bank’s Business and Wealth division. He is well regarded internally and amongst external stakeholders, including major shareholders.
Westpac has been trading at $31.68.
All Australian sectors are in the red, weighed down by lower-than-expected Nonfarm Payroll jobs data in the United States.
Discretionary has been down 1.25%, followed closely by Financials 1.2%, and Energy and Telecommunications have both been down around 1%.
Control Bionics (ASX:CBL) has been up around 3.5% after inking a deal to distribute its NeuroNode device distributed throughout the UK and Ireland.
NeuroNode is a wearable device which transfers brain signals to enable speech and other functions. It treats conditions including Motor Neuron Disease and Cerebral Palsy.
Control Bionics has been exchanged at 9 cents.
Core Lithium (ASX:CXO) has been up point six of a percent after making a strategic investment in Charger Metals (ASX:CHR) and the Bynoe Project.
The deal represents around 10% of Charger and is a 30% free carried interest in Charger’s Bynoe Lithium Project from Lithium Australia (ASX:LIT).
Core Lithium has been traded at 8.4 cents.