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Commonwealth Bank of Australia (ASX:CBA)

Banks

Commonwealth Bank of Australia (ASX: CBA) is Australia’s largest bank, with commanding market share of mortgages, credit cards and personal lending markets. It has over 16 million customers, 14 million are in Australia. It is entrenched in the Australian payments ecosystem and financial marketplace.

Commonwealth Bank of Australia (ASX:CBA) share price

Commonwealth Bank of Australia (ASX:CBA) share price news

ASX Growth Shares
James Dunn

Takeover talk fails to inspire Australian market

The Australian market retreated on Thursday, but in a barely noticeable manner; the benchmark S&P/ASX 200 (INDEXASX: XJO) slipped 5.1 points to 7,173, while the broader All Ordinaries (INDEXASX: XAO) index lost 2 points, to 7,384.

ASX Bank Shares
James Dunn

Economic data sparks the Australian market

The benchmark S&P/ASX 200 (INDEXASX: XJO) index jumped 116.8 points, or 1.7 per cent, to 7178.4, with all the sectors in the green. The broader All Ordinaries (INDEXASX: XAO) added 116.9 points, or 1.6 per cent, to 7,386.

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