Breaking down sector performance, Communication Services is the top performer, witnessing a 0.55 per cent increase. Meanwhile, Materials is the worst-performing sector, seeing a decline of 1.6 per cent.
Among large-cap companies, carsales.com (ASX:CAR) is leading the gainers, with a notable rise of 6.05 per cent, reaching a trading price of $26.10. Following closely are Boral (ASX:BLD) and BlueScope Steel (ASX:BSL).
However, Pilbara Minerals (ASX:PLS) stands out as the weakest large-cap performer, experiencing a considerable drop of 5.08 per cent, with its trading price at $5.04. This is accompanied by Allkem (ASX:AKE) and Mineral Resources (ASX:MIN) also witnessing declines.
In earnings-related news, Stealth Global Holdings (ASX:SGI) has reported historic financial results for the year, with Profit before tax up 86 per cent and EBITDA up 33 per cent from a year ago.
JB Hi-Fi's (ASX:JBH) annual results reveal a 25 per cent smaller final dividend, indicating challenges ahead as sales growth and earnings slowed significantly in the second half, possibly preparing for a tough fiscal year 2023-24, despite a 4.3 per cent rise in revenue to $9.6 billion.
And Bendigo and Adelaide Bank (ASX:BEN), the largest regional bank in the country, reports improved returns, with a 1.8 per cent rise in statutory net profit and a 15.3 per cent increase in cash earnings, resulting in a higher final dividend of 32 cents per share and an increased full-year payout of 61 cents per share.
Shifting to Asian markets, Japan's Nikkei index has suffered a loss of 1.05 per cent. Hong Kong's Hang Seng index is facing a more significant downturn of 2.43 per cent, while China's Shanghai Composite index has decreased by 0.68 per cent.
In terms of commodities and currency, gold is currently trading at US$1,944.80 per ounce. Light crude oil is experiencing a decrease of $0.69, trading at US$82.51 per barrel.
Lastly, the exchange rate reveals that one Australian dollar is equivalent to 64.67 US cents.