April 27 (Reuters) - Australian shares fell on Tuesday, with
losses in technology and financial stocks outweighing gains in
the mining sector as iron ore prices and gold prices firmed.
The S&P/ASX 200 index fell 0.27% to 7,026.5 points
by 0027 GMT.
The top percentage gainer on the benchmark was Bingo
Industries Ltd, up 6.7%, after the waste management
firm agreed to be bought by Macquarie Group for A$2.3
billion ($1.79 billion).
Bingo shares were also the most heavily traded shares by
Shares of Australian betting firm Tabcorp Holdings
rose nearly 4% after UK's Entain proposed a $2.7 billion
buyout of its wagering and media arm.
The top percentage losers on the benchmark were Mesoblast
Ltd, down 3.19%, followed by Adbri Ltd, losing
Among sectors, financial stocks fell 0.44%, led by
Zip Co Ltd, down 2.22%, and AMP Ltd, losing
Technology stocks fell 0.12%, led by Appen Ltd
, down 0.97%, and Afterpay Ltd, losing 0.47%.
Mining stocks rose 0.43%, led by Piedmont Lithium
Ltd, up 6.82%, while gold stocks rose 0.21%.
The energy index fell 0.23,% led by Origin Energy
Ltd, down 1.2%, and Beach Energy Ltd, losing
In other markets, Japan's Nikkei was down 0.04% at
In New Zealand, the benchmark S&P/NZX 50 index fell
0.11% to 12,636.7. The top percentage losers were A2 Milk
Company Ltd, down 3.8%, and Fletcher Building Ltd
, losing 1.51%.
($1 = 1.2824 Australian dollars)
(Reporting by Arundhati Dutta in Bengaluru; Editing by Krishna