CBA shares hit five-month low
Commonwealth Bank shares have more than dropped four per cent in the wake of the bank's flat third quarter profit result of $2.2bn.
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Commonwealth 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.auCommonwealth Bank shares sink 5% on November 11 despite strong quarterly profit. Margin squeeze and sky-high valuation trigger investor selloff.
colitco.comThe budget proposed restricting negative gearing to newly built homes and replacing the 50% capital gains tax discount with inflation indexation, changes aimed at shifting investor demand away from existing properties and toward new housing.
economictimes.indiatimes.comThe 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.
economictimes.indiatimes.comThe ASX 200 dipped 0.60% as Commonwealth Bank of Australia fell 5.41%. Here's the news you need to know.
www.superhero.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 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.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.comThe Commonwealth Bank of Australia (ASX: CBA) share price has being punished today, down almost 3%. Why are investors selling this ASX bank?
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