The S&P/ASX200 closed lower Wednesday, dropping 42 points or 0.6% to 7,207

The S&P/ASX200 closed lower Wednesday, dropping 42 points or 0.6% to 7,207. The major banks fell on 'macropru' and heavy travel losses offset gains across the oil and coal complex, Yancoal (YAL) closing 9% the better, Whitehaven (WHC) up by 4%. The laggards were A2 Milk (A2M) facing a class action and Flight Centre (FLT), down 7.5% and 6.8%, respectively.


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