The Australian market retreated today, after a quiet night on overseas markets on Friday.

The majority of sectors closed in the red. Materials were the worst performers on the day after a soft night for commodities last week.

Mining majors underperformed the general market; BHP declined 0.8%, Rio Tinto declined 1.3% whilst smaller rival Fortescue let go of 0.2%.

In the energy space, Santos and Woodside both fell by 0.7%.

The big four banks held up well despite the general market weakness.

ANZ and NAB were the best of the four, climbing 0.3% and 0.9% respectively.

The ASX 200 retreated 10 points (-0.2%), settling at 4263.

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Evening Market Analysis: Quiet Day is a post from: Australian Stock Report Market Pulse Blog