Lithium stocks shine as ASX tumbles 0.3pc

A rally by the ASX’s lithium sector failed to lift the Australian sharemarket into positive territory on Monday

Lithium carbonate costs hit a new record of 500,500 yuan ($US71,315) a ton in China on Friday

Pilbara Minerals climbed 3.5 percent to $4.75, Mineral Assets added 2.4 percent to $68 and Allkem solidified 1.8 percent to $15.34

The S&P/ASX 200 fell 0.3 percent, or 19.2 focuses to 6719.9, while the more extensive All Ordinaries tumbled 0.4 percent to 6948.6

This converted into a delicate meeting for the neighborhood rate-touchy tech area on Monday

Commonwealth Bank added 0.5 percent to $94.66, ANZ was minimal changed at $23.56, Westpac edged up 0.1 percent to $21.55 and National Australia Bank declined 0.9 percent to $29.70