CBA Shares Dive - Superhero
The ASX 200 dipped 0.60% as Commonwealth Bank of Australia fell 5.41%. Here's the news you need to know.
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The ASX 200 dipped 0.60% as Commonwealth Bank of Australia fell 5.41%. Here's the news you need to know.
www.superhero.com.auAustralian shares fell on Wednesday as investors sold Commonwealth Bank and other lending institutions. The?top?bank's missed profit heightened fears that Canberra's proposed curbs to tax incentives for property-investors could slow down mortgage demand. The S&P/ASX 200 closed 0.5% lower, at 8,630.40. This brings its overall decline to 2.8% in the last four sessions. Australia's biggest mortgage lender Commonwealth Bank plunged 10.4%, posting its weakest ever session. The bank erased a market...
energynews.oedigital.comCommonwealth Bank of Australia shares (ASX:CBA) have fallen sharply despite reporting a cash profit increase, highlighting underlying concerns about profitability and valuation. The 10.52% decline in the past week signals growing market apprehension, despite seemingly positive headline figures. CBA shares have tumbled 10.52% in the last week, reflecting investor unease. The stock is now significantly
thebull.com.auCommonwealth Bank shares sink 5% on November 11 despite strong quarterly profit. Margin squeeze and sky-high valuation trigger investor selloff.
colitco.comCommonwealth Bank shares have more than dropped four per cent in the wake of the bank's flat third quarter profit result of $2.2bn.
www.sbs.com.auAfter investors dumped Commonwealth Bank shares on Wednesday, the Australian sharemarket is pointing towards losses again on Thursday.
www.perthnow.com.auThe CBA share price has slipped today as a potential $900 million charge hangs over like a dark rain cloud. Let's see.
www.fool.com.auThe Commonwealth Bank of Australia (ASX: CBA) share price is out of form on Wednesday. Why are the banking giant's shares tumbling?
www.fool.com.auThe country's largest lender CBA dropped up to 8.4%, its biggest fall in nearly two years, after warning of a considerable hit to margins from a low interest-rate environment and mortgage competition. Its first-quarter cash profit, however, was up by a fifth.
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