Epic Research Singapore : S&P 500

The S&P/ASX 200 AU:XJO -0.88% fell 0.9% to 5,106.60, with shares of Australia & New Zealand Banking Group AU:ANZ -2.83% ANEWF +0.74% pacing a slide in bank stocks. 

The shares fell 3.6% after the company said margins in its Asian business are likely to compress, in part because of lower interest rates. 

ANZ's cash profit for the first nine months through June rose 11% to 4.8 billion Australian dollars ($4.39 billion). Meanwhile, shares of BHP Billiton Ltd. AU:BHP -1.31% BHP +0.28% lost 0.7%
 
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