The Australian sharemarket finished in the red on Tuesday, with steep falls in gold miners and some big companies outweighing solid gains by financial stocks and retailers.

Trading was largely driven by corporate news: WiseTech Global shares plunged after the software giant said police and market regulators raided its headquarters and executed a search warrant this week. CSL shares tanked after Australia’s biggest healthcare company told investors vaccine scepticism in the US had hurt its profits, and it would delay the planned spin-off of its vaccines arm.

Meanwhile, Domino’s Pizza soared, then pared its gains after it dismissed speculation about a potential private equity bid for the pizza chain.

The wild share moves sent the S&P/ASX 200 down 43.1 points, or 0.5 per cent, to 901

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