Australian shares end lower over Omicron surge worries, tech slide

Total infections in Australia continued to surge, with over half a million cases reported over the last week, straining the country's healthcare infrastructure and supply chains

Australian shares closed lower on Monday as an Omicron-led surge in Covid-19 infections pushed the country's tally past one million cases, with a drop in local technology stocks ahead of a US inflation report weighing further on markets.

The S&P/ASX 200 ended 0.1 per cent lower at 7,447.1, giving up some of Friday's 1.3 per cent gain.

Total infections in Australia continued to surge, with over half a million cases reported over