Australian equity market finished session lower on Monday, 20 November 2017, following a weak lead from Wall Street caused by uncertainties over Republican tax reforms and before minutes of the Reserve Bank of Australia's (RBA) November meeting are published on Tuesday. Financial stocks were the biggest drag, but a lift in oil and copper prices boosted the energy sector and contained losses in the materials sector, helping the local market regain some lost territory. The S&P/ASX 200 index was down 0.2% or 14.354 points to 5,942.90. Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 687 to 541 and 347 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 6.56% to 11.569.
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