Biopharmaceutical company, CSL, accounted for most of the declines in the sector. CSL also saw some consolidation after the stock struck a more than five-month high last week.The financial index fell more than 0.2 per cent, with the Big Four banks, excluding Westpac, dipping between 0.3 per cent and 0.5 per cent.
Global miners BHP Group and Rio Tinto were boosted by strong iron ore prices, rising as much as over 1.3 per cent each. The sub-index rose to a near three-week high.
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