Changes are happening - please bear with us while we update our site.

Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.

Commonwealth Bank of Australia Weighs on S&P/ASX 200

Australia's S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) closed slightly lower on Wednesday, dragged down by Commonwealth Bank of Australia (ASX:CBA) and South32 Ltd (ASX:S32).

Commonwealth Bank of Australia (ASX: CBA) shares and South32 Ltd (ASX: S32) led the Australian S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index slightly lower on Thursday.

Here are the shares which moved the market.

Biggest Gainers

  • Auckland International Airport Ltd (ASX: AIA) – up 1.8%
  • Transurban Group (ASX: TCL) – up 1.5%
  • Westpac Banking Corp (ASX: WBC) – up 1%
  • Netwealth Ltd (ASX: NWL) – up 6.4%
  • DuluxGroup Limited (ASX: DLX) – up 1.8%

Biggest Losers

  • Commonwealth Bank down 0.3%
  • South32 – down 2.5%
  • Ramsay Health Care Limited (ASX: RHC) – down 1.6%
  • Whitehaven Coal Ltd (ASX: WHC) – down 6.2%
  • Pilbara Minerals Limited (ASX: PLS) – down 5.6%

Amongst the Big Four banks, Westpac Banking Corp (ASX: WBC) was the best performer while CBA shares ended 0.3% lower.

BHP Billiton Limited (ASX: BHP) ended slightly higher at $30.78 per share following the release of its latest six-month operational report this morning. The ‘Big Australian’ reported a slight fall in iron ore production but a boost in copper output. Read more here. Earlier this week, Rio Tinto reported its latest quarterly production results.

Whitehaven Coal shares ended lower following its quarterly production report. The $4.8 billion miner reported mostly flat production levels compared to the corresponding period last year.

Finally, shares of the recently-listed Netwealth rose after the financial services company released its quarterly update. Netwealth revealed that its ‘funds under administration’ or FUA rose $1.7 billion.

Our Most Popular Stories:

 

Disclaimer: This article contains general information only. It is no substitute for licensed financial advice. By using our website you agree to our Disclaimer & Terms of Use and Privacy Policy.

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report for FREE by CLICKING HERE NOW and creating a 100% FREE Rask Account.

(Psst. By creating a free Rask account, you’ll also get access to 15+ online courses, 1,000+ podcasts, invites to events, a weekly value investing newsletter and more!)

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

5%+ in passive income

Owen Rask’s investing report available

With bond ETFs like ASX:IAF and the S&P 500 riding high, now could be one of the best times to start earning passive income from a portfolio of shares and ETFs.

In this free analyst report, our Chief Investment Officer, Owen Rask, names 10 ASX stocks and ETFs to watch.

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.

Skip to content