Market Wrap / where's Santa?

The equity market broke its recent losing streak during today's trade, with the S&P/ASX 200 adding just 0.03% to close at 8,588.2 points. 

The tech sector was hampered by further AI concerns from the US, while energy stocks also suffered despite a rebound in crude oill prics.

Woodside shares fell 2.7% amid news CEO Meg O’Neill has stepped down to join global energy giant BP. Meanwhile Boss Energy dropped 24.6% on confirmation its 'Honeymoon mine' contains much less saleable product than originally forecast. 

The financial sector was also in focus. ANZ's share price receded 0.2% as the bank's AGM revealed divisions on remuneration packages. Elsewhere Netwealth was 1.9% higher as it came one step closer to putting the First Guardian debacle behind it. The company will still have to pay more than $100-million dollars in compensation to misled clients. Bendigo and Adelaide Bank fell as AUSTRAC launched an investigation into its anti-money laundering compliance.

In other company news, Austal jumped by 5%, after winning a $680 million shipbuilding contract. And Bapcor soared as it switched CEOs following a poor performance in October and November. 

Overnight and tomorrow, the Bank of England, ECB and Bank of Japan releaser monetary policy decisions.