• SMC open account icon Open an A/C
    • Open an A/C
    • Trading A/c
    • Mutual Fund A/c
    • NBFC A/c
    • NPS A/c

Budget News

  • Australia Market extends losses to 3rd day
  • October 13,2021  16:35
  • The Australian share market finished lower for third consecutive session on Wednesday, 13 October 2021, weighed down by losses in financials and materials. At closing bell, the benchmark S&P/ASX200 fell 8.19 points, or 0.11%, to 7,272.54. The broader All Ordinaries index dropped 3.73 points, or 0.06%, to 7,571.85.

    Financial stocks fell, with Bank of Queensland leading losses, down 4%, after the lender warned its net interest margin would decline by 5-7 basis points in the coming year due to stiff competition and low interest rate environment. CBA fell by 1.6% and held its Annual General Meeting with shareholders. Westpac (WBC) fell by 1.3%. Investment manager Challenger (CGF) finished flat despite recording a 3% lift in Group Assets Under Management for the quarter.

    Shares of materials and resources skidded on tracking a retreat in iron ore prices. BHP Group, Rio Tinto and Fortescue Metals declined between 0.6% and 2.1%.

    Infant formula companies stood out, following a quarterly update from Bubs Australia (BUB). BUB rose by 38.89% after i Infant formula revenue jumped by 124% over the quarter. The a2 Milk Company (A2M) rose 13.5%.

    CURRENCY NEWS: The Australian dollar was at $0.734, off levels around $0.738 seen yesterday.

    Powered by Capital Market - Live News

Top News
Global News

Follow us:

  • fb icon
  • Twitter icon
  • Linkedin
  • you tube

Disclaimer: Investment in securities and commodities market are subject to market risks, read all the related documents carefully before investing. SMC Global Securities Ltd. (CIN : U67120DL1997PLC188881): NSE INB/ INF/INE 230771431, BSE INB/INF 011343937, MSEI INB/INF 260771432, CDSL/NSDL-IN-DP-130-2015, SMC Research Analyst Registration- INH 100001849 I SMC Global Securities Ltd.: NCDEX/MCX (8200)/ NMCE/ICEX-INZ000035839 I SMC Global Securities Ltd.: PMS INP000003435 I SMC Insurance Brokers Pvt. Ltd., IRDAI Regi: No: DB 272/04, License No. 289 Valid from 28-01-2020 to 27-01-2023 I Registered Office: 11/6B, Shanti Chamber, Pusa Road, New Delhi-110005, Tel.: (011) 30111000. For any complaints email –, website:

The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time.

The Stock Exchange, Mumbai is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us.
By submitting your details to SMC, you are authorizing us to send promotional communication through Call/Email/SMS/Whatsapp even though you may be registered under DND.

Insurance is the subject matter of solicitation • All insurance products sold through SMC Insurance Brokers Pvt. Ltd. • Investment Banking Services provided by SMC Capitals Ltd. • Equity PMS and Wealth management services provided by SMC Global Securities Ltd. • IPOs and Mutual Funds distribution services are provided by SMC Global Securities Ltd. • Financing Services provided by Moneywise Financial Services Pvt Ltd. • Commodity broking services provided by SMC Global Securities Ltd. • Real Estate Advisory services are offered through SMC Real Estate Advisors Pvt. Ltd.


Toll-free : 1800-11-0909

Plus Minus 
Copyright ©2016 SMC. All Rights Reserved | Disclaimer | Privacy Policy | RMS Policy | Copyright| Testimonials| Sitemap| Grievance| design agency: triverse| Powered by C-MOTS Infotech (ISO 9001:2015 certified)

Open my trading account now!  X 

* All fields are compulsory