The S&P/ASX 200 fell 0.96% (-86.30) to 8,926.20, slipping below its 20-day moving average. Droneshield Ltd and Austal Ltd were the weakest performers, down 12.21% and 7.09% respectively. The index is off 1.15% over the past five sessions and sits 2.07% beneath its 52-week high.
By contrast, the S&P/ASX Small Ordinaries firmed to 3,765.40, up 0.40% today and 0.51% over five days.