At closing bell, the benchmark S&P/ASX200 declined 41.39 points, or 0.55%, to 7,485.75. The broader All Ordinaries fell 29.14 points, or 0.37%, to 7,783.81.
Shares of BHP were the major weight on the market, with its 6.9% slide accounting for close to 70% of the ASX 200's drop, amid weaker iron ore prices and minus its recently announced payout. BHP traded ex-dividend for its $2.73 per share dividend, set to be paid to investors on September 21.
Supermarket Woolworths was another blue-chip to trade ex-dividend and closed 1.5% lower at $40.47.
CURRENCY NEWS: The Australian dollar changed hands at $0.7388, having climbed from below $0.73 earlier in the week.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app