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Budget News

  • Australia Stocks close slight higher
  • January 13,2021  16:15
  • The Australian share market finished session higher after fluctuating between losses and gains on Wednesday, 13 January 2021, as investors refrained from active transactions amid Political turmoil in the United States. The U.S. House pressed swiftly forward toward impeachment or other steps to forcibly remove President Donald Trump from office.At closing bell, the benchmark S&P/ASX200 added 7.52 points, or 0.11%, to 6,686.60. The broader All Ordinaries added 14.79 points, or 0.21%, to 6,953.89.

    The big four banks eked out modest gains. Commonwealth Bank, NAB, Westpac and ANZ recovered from a weak start to drag the market higher.

    Telecommunications and technology company Telstra rallied 2.7% after appointing Geraldine Kor to spearhead South Asia's business growth.

    Tech stocks succumbed to selling pressure, with Afterpay losing 1.4% and Altium giving up as much as 6.2%.

    Fashion retailer Premier Investments soared 12.7% after announcing it has nearly doubled earnings in the first half of its financial year.

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ADVISORY FOR INVESTORS
ATTENTION INVESTORS
"1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
 2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
 3. Pay minimum 20% upfront margin of the transaction value to trade in cash market segment.
 4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
 5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
.......... Issued in the interest of Investors"
Prevent Unauthorized Transactions in your demat/trading account --> Update your Mobile Number/email ID with your stock broker/Depository Participant. Receive information of your transactions directly from Exchanges on your mobile/email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/CDSL on the same day. - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
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