- Crown, NAB fall on probe for non-compliance breaches
- Miners rise 1.8% on strong commodity prices
- Hansen hits record high on $1 bln buy-out proposal
June 7 (Reuters) - Australian shares were unchanged on Monday as gains among miners were offset by a fall in major companies following a slew of investigations by the country's financial crime regulator.
AUSTRAC launched separate probes into companies such as National Australia Bank (NAB) , Crown Resorts (CWN) , Star Entertainment Group (SGR) and New Zealand-based SkyCity Entertainment (SKC) for suspected breaches of anti-money laundering laws.
The Australian companies were among the biggest losers on the benchmark index, losing between 1.3% and 3.8%. ASX-listed shares of SkyCity topped the losses, shedding as much as 9.4% to be on track for its worst session in more than a year.
The S&P/ASX 200 index (xjo) was down 0.02% at 7,294.8, pulling back from record highs it scaled earlier in the session. In markets overseas, Japan's Nikkei .N225 gained 0.83% and S&P 500 E-minis futures EScv1 slipped 0.02%.
The Australian mining subindex .AXMM rallied 1.6%, with gains dominated by gold stocks. De Grey Mining (DEG) rose 3.83%, followed by Silver Lake Resources (SLR) , up 3.18%.
Gold stocks tracked a rebound in bullion prices in the previous session after U.S. nonfarm payrolls did not rise as much as expected.
Technology stocks .AXIJ rose 0.64%, led by Nuix (NXL) , up 3.09%, and followed by Afterpay (APT) , gaining 2.44%.
Financial stocks .AXFJ were the biggest percentage losers on the benchmark, down as much as 1%. NAB's losses weighed on the subindex. The other top banks were also down between 0.7% and 1.2%.
Among other stocks, Hansen Technologies (HSN) hit record highs on receiving a $1-billion buyout pitch from private equity firm BGH Capital.
Meanwhile, Victoria state on Monday reported its biggest rise in new local COVID-19 cases in a week.
Markets in New Zealand were closed for a holiday.
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