Australia's Sydney stock market S&P/ASX 200 index closed down 0.4% to close at 8793.20 points. This is the biggest drop since falling 0.6% on October 14, after the index rose 0.2% on the previous trading day. BHP Billiton dragged the index down the most, falling 2.4%. Nick Scali Ltd. saw the biggest drop, falling 15.3%. Today, 94 out of 200 stocks fell and 96 rose; 3 out of 11 sectors fell, with materials stocks leading the decline.

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