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AAP
AAP
Business
Derek Rose

Australian shares down slightly on eve of rates verdict

United States Australia
Health care was the biggest loser on Monday, with utilities the biggest gainer. (Joel Carrett/AAP PHOTOS)

The local share market has closed slightly lower in quiet trading on a public holiday for most of the country, with mainland China and Hong Kong similarly shut down for Golden Week.

The benchmark S&P/ASX200 index on Monday closed down 15.4 points, or 0.22 per cent, to 7,033.2, while the broader All Ordinaries fell 14.2 points, or 0.2 per cent, to 7,235.5.

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