Technology shares plunge in ASX decline

Afterpay shares had their final day on the ASX before the company merges with US payments giant Block.

Afterpay traded for as little as $2.65 in 2017 to as much as $160.05 last year.

In its last trading day, shares were down 2.18 per cent to $66.47.

The benchmark S&P/ASX200 index closed down 76.3 points, or 1.03 per cent, to 7332.5 points.

The All Ordinaries index closed lower by 79.2 points, or 1.02 per cent, to 7656.6 points.

The Australian dollar was buying 71.88 US cents at 1625 AEDT, lower from 71.91 US cents at Tuesday's close.