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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

Tale of 2 telecoms

Telstra Group Ltd (ASX: TLS) gained 5 cents, or 1.3%, to $3.92, after being up 2.3% at one point, as it was perceived as benefiting from the big outage at rival Optus. In Singapore, the shares of Optus’ owner Singapore Telecom were down 5.2% on the news, and finished down 4.8% for the day.

ASX Bank Shares
James Dunn

Waiting on a rates decision

The S&P/ASX 200 (INDEXASX: XJO) closed 19.2 points, or 0.3%, higher at 6,997 and the broader All Ordinaries (INDEXASX: XAO) index was 0.2% higher, up 17.2 points at 7,192.3.

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