Welcome to your five-minute update of the trading day and how the experts saw it.

The numbers: The Australian sharemarket closed flat on Tuesday, mirroring Wall Street’s lacklustre performance overnight following huge gains last week.

The S&P/ASX 200 finished the day down just under 0.1 per cent, or 4.7 points, to 7141.6, with lithium players and real estate stocks dragging down the bourse.

The lifters: Life360 ended the day as the top performer, up 9.8 per cent, an about-face from its poor performance earlier in the day. Imugene was runner-up, gaining 7.7 per cent, followed by Incitec Pivot with a 5.9 per cent rise. Agribusiness company Elders ended the day 4.7 per cent higher after losing a fifth of its share price yesterday when it announced the retirement of its CEO.

The laggards: Core Lithium copped significant damage to its share price, down 15.8 per cent. Allkem wasn’t too far behind, sliding 12.4 per cent, followed by Pilbara Minerals with a 8.7 per cent slide.

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The lowdown: Miners and lithium players, which yesterday had helped steady the bourse, were behind some of the steepest losses on a day that was otherwise “particularly flat”, said VanEck deputy head of investments and capital markets Jamie Hannah.

“It’s really the miners that dragged the bourse down, offset by the banks ... Lithium got smashed,” Hannah said. Real estate stocks also weighed on the bourse, with the sector down 1.3 per cent.

“Those sectors in particular were weak when you’ve got banks up, small caps and midcaps up, so it’s really a story of individual stocks today mixing together.”