The Australian sharemarket slipped 0.x per cent, or x points to xxxx.x in a day when shares swung between gains and losses.
Energy and REIT’s stocks weighed down the benchmark S&P/ASX 200 index. Paladin Energy was the worst performer, its shares tumbled 20 per cent at market close. It was placed into a trading halt as traders fretted over a threat by Namibia to nationalise some natural resources.
Real estate stocks shed 0.9 per cent. The last time the sector lost more than that was over two weeks ago on April 9. Charter Hall shares dropped 2.2 per cent. GPT Group 1.4 per cent, Vicinity Centres 1.6 per cent, Stockland 1.1 per cent and Scentre 1.4 per cent.