Part 6/8:
The heaviest losses occurred in the banking and financial technology sectors:
Commonwealth Bank (CBA): As mentioned, this heavyweight lost about 2%, significantly impacting the overall market index.
Other Banks: National Australia Bank (NAB), Bank of Queensland, Westpac, and Bendigo all faced pressure.
Tech Stocks: The technology sector was also weak, with AEN (a data scrubbing stock) and EML (a card payments company) amongst the worst performers. Other tech-related stocks like Alucora (a mineral sands miner) and Iris (share trading platform) declined, while some businesses like AP (a car dealership) saw only a minor 1.2% dip.