ASX:CBA

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ASX:CBA

Stocks surge 1.1% at noon: Westpac & CBA face corporate regulators

01 Dec 2020 - The local sharemarket has shrugged off a weak open to record a strong start to December The S&P/ASX200 is up 74 points or 1.1 per cent to 6592. Futures are pointing t…

Commbank (ASX:CBA) capital boost following APRA review

20 Nov 2020 - Following the Banking Royal Commission, Commonwealth Bank of Australia (ASX:CBA) introduced a Remedial Action Plan, outlining the steps its board and senior leaders w…

RBA minutes highlights, Iron Ore, ECX, IFM, CBA

18 Nov 2020 - Fund Manager Chris Pedersen looks at RBA minutes, Iron Ore, Eclipx Group (ASX:ECX), Infomedia (ASX:IFM) and Commonwealth Bank of Australia (ASX:CBA).

CBA cash profit down 16%: ASX poised to extend rally

11 Nov 2020 - The ASX looks set to extend its rally this morning opening higher despite the US market closing mixed. Microsoft, Amazon and Facebook were all down as was Apple despi…

US election gridlock continues: Aus shares leap 4.2% over week

06 Nov 2020 - It has been a massive week for markets. On Tuesday the RBA slashed rates to a new historic low of 0.1 per cent. The Commonwealth Bank of Australia (ASX:CBA), the Nati…

Historic rate cut propels ASX: Aus shares close 1.9% higher

3 Nov 2020 - The ASX maintained strong momentum throughout the day and was propelled by news of the RBA’s cash rate cut to a historic low. Commonwealth Bank (ASX:CBA), CSL (ASX:CSL…

Aussie market finishes in the red: BHP, CSL and CBA offset Afterpay's gains

20 Oct 2020 - The local sharemarket has finished Tuesday's session in the red. The ASX 200 closed 0.7 per cent or 45 points lower at 6185.BHP, CSL and CBA offset gains in Afterpay.…

Telstra takes off: ASX closes 1% higher to 7-month high

13 Oct 2020 - The local share market has powered to its highest level in seven months and its seventh positive consecutive session. The big banks led the gains with Westpac rising…

Turbo tech, Afterpay and Xero soar to fresh highs: Aus shares 1% higher at noon

13 Oct 2020 - Australian shares have surged higher in the first two hours of trade the ASX is 1 per cent or 61 points up at 6193 the SPI futures are pointing to a rise of 65 points…

CBA (ASX:CBA) Chairman says Australia's largest bank has a resilient balance sheet

13 Oct 2020 - CBA (ASX:CBA) Chairman Catherine Livingstone says Australia’s largest bank has a resilient balance sheet noting the year ahead will involve challenges and uncertainty…

Market lifts amid budget bounce: ASX up 0.4% at noon

07 Oct 2020 - The Australian sharemarket has bounced back from morning lows despite US markets plunging after Donald Trump tweeted he would halt stimulus talks until after the elec…

Real Estate and banks drag on the market: Aus shares 0.7% lower at noon

21 Sep 2020 - The local sharemarket has opened slightly in the red after falls on Wall Street and in Europe on Friday.

ASX higher: Macquarie drags after flagging $300m hit to profits

14 Sep 2020 - Australian shares have opened firmly higher this morning with strong gains from major resources stocks offsetting a heavy loss from Macquarie Group.

Tech sector down 5.6% today: Aus shares lose 2.5% over week

04 Sep 2020 - The Australian share market plunged in early trade, dragged down by Aussie tech stocks and tracked sideways for most of the day to finish 3.1 per cent lower. Tech sto…

CountPlus (ASX:CUP) poised to call on CBAs (ASX:CBA) $300M indemnity

04 Sep 2020 - The Commonwealth Bank of Australia (ASX:CBA) has announced that one of its formerly owned subsidiaries, Count Financial, has been hit with a class action lawsuit in t…

JB Hi-Fi lifts retailers as banks slide: Aus shares close 0.8% lower

17 Aug 2020 - The Australian sharemarket finished the day largely in the red despite gains for retail stocks such as JB Hi-Fi and Harvey Norman. JB Hi-Fi ended the session up over …

Fisher & Paykel Healthcare Corporation: ASX closed 0.1% lower

12 Aug 2020 - It has been a positive day of trade for the ASX after a small dip around lunchtime the local bourse managed to close 0.1% lower. Fisher & Paykel Healthcare Corporatio…

Commonwealth Bank (ASX:CBA) profit drops 11.3%: ASX to open higher

12 Aug 2020 - The ASX looks set to open higher this morning despite shares falling at the end of trade in New York. New Zealand has been rocked by four new coronavirus cases after …

RPMGlobal (ASX:RUL) completes Revolution acquisition: Aus shares 1.6% lower at noon

31 Jul 2020 - The Australian share market opened flat following a retreat on Wall Street overnight. The ASX has seen a steady decline over the first 2 hours of trade and is 0.2% lo…

AUD rallies against the USD: ASX closed 0.7% higher

30 Jul 2020 - The Australian share market shot up at the open and closed 0.7 per cent higher. The Australian dollar has strengthened against the US greenback reaching well over 70 …

Commonwealth Bank (ASX:CBA) makes new $300 million provision for remediation

30 Jul 2020 - Commonwealth Bank (ASX:CBA) has announced a new $300 million provision being made to pay remediation to customers for problematic financial advice highlighted by the …

Economics, CBA, Hub24, Pivotal Systems

22 Jul 2020 - CEO Chris Pedersen looks at economics, Commonwealth Bank of Australia (ASX:CBA), Hub24 (ASX:HUB) and Pivotal Systems Corp (ASX:PVS).

Local shares tipped to slip: Virus concerns persist

06 Jul 2020 - The local sharemarket looks set to start the new week lower following weak leads from European markets. Wall Street was closed for the Independence day holiday on Fri…

Retail sales surge 16% as restrictions ease: Aus shares 1% higher at noon

19 Jun 2020 - The local market opened higher this morning following a mixed session in the US overnight. Aussie shares have clawed back some of yesterday’s falls in the first two h…

Quantum computing hopeful Archer (ASX:AXE) reaches tech milestone: Aus shares off to a rocky start

15 Jun 2020 - Despite positive international leads coming into the session, the Australian share market opened lower and is off to a rocky start. ABS data released today shows the …