ASX Edges Lower as IT, A-REITs and Financials Drag Index Down 0.18%
Australian equities closed modestly lower on Wednesday with the S&P/ASX 200 slipping 0.18% as weakness in IT, A-REITs and Financials outweighed gains among several large-cap names. Trading breadth favored decliners, Temple & Webster fell sharply to a three-year low, and volatility as measured by the S&P/ASX 200 VIX eased.