Market Wrap / China slump

The S&P/ ASX 200 retreated by 0.13% to 8,853 points to start the trading week.ANZ shed 0.6% as it agreed to pay a record $240 million penalty after admitting to engaging in “unconscionable conduct” involving overstating bond trading volumes.Meanwhile, AMP rose 5.9% after settling class action proceedings. Elsewhere, the mining sector was in the red, with China's factory output and retail sales falling below forecasts in August. BHP was 0.8% lower, while some profit-taking was observed among the gold players, after bullion reached record highs. Gold Road Resources slipped 0.4% as it also downgraded its production guidance due to production problems at its Gruyere mine.However, the lithium miners profited from some opportunity-buying, with JP Morgan buying into PLS, and the stock finishing the session 9.3% higher. And WiseTech was up 2.7% as embattled founder Richard White stepped back from the business, and sold more than $120 million worth of stock.Looking ahead to tomorrow, Qantas will be trading ex-dividend.