AU Evening Wrap: ASX 200 fell 0.16% as real-estate stocks drop again

Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.16% lower at 7304.7, posting a third consecutive fall on weakness in real-estate, tech and consumer stocks.
The benchmark index opened higher following a positive lead from U.S. equities but faded through the session as traders sold shares of companies that look negatively exposed to Tuesday's larger-than-expected rise in Australian interest rates.
Real estate was again the worst-performing sector, dropping 1.5%. $EML Payments Ltd (EML.AU)$, $Block Inc (SQ2.AU)$ and $Tyro Payments Ltd (TYR.AU)$ gave up between 3.5% and 5.8% as the tech sector fell 1.0%, although $Computershare Ltd (CPU.AU)$ added 1.8% after Macquarie analysts hailed the likely benefit of higher rates to its margin income. Banking stocks rose.

S&P/ASX 200 Movers for Wednesday (5/4)