Trends - Commonwealth Bank - Business Recorder

Commonwealth Bank

Westpac to raise $488 million in additional Tier 1 capital

SYDNEY: Westpac Banking Corp, Australia’s third largest bank by market capitalisation, said on Monday it would raise...

Published 20 Nov, 2023 10:16am

Markets

Oil drops for fourth day on China demand concerns

LONDON: Oil extended losses on Thursday for a fourth consecutive session as renewed COVID curbs in China raised...

Updated 10 Nov, 2022 05:30pm

Markets

Oil rises on tight supplies, China possibly easing COVID curbs

LONDON: Oil prices rose by more than $1 on Thursday in response to tighter supplies and on news that China is...

Updated 20 Oct, 2022 07:57pm

Markets

Aussie sinks as RBA stays dovish; dollar idles after drop from 19-month peak

TOKYO: The Australian dollar slumped on Tuesday after the Reserve Bank of Australia vowed to remain patient about...

Published 01 Feb, 2022 10:00am

Markets

Australia shares slip as heavy losses in banks offset strong miners

Australian shares flitted in and out of positive territory to edge down on Tuesday, as losses in the financial ...

Published 09 Nov, 2021 10:03am

Business & Finance

Australia's Commonwealth Bank reports surge in profits

SYDNEY: Australia's Commonwealth Bank reported an almost 20 percent rise in full-year profits on Wednesday, citing...

Published 16 Aug, 2021 05:59am

Markets

Australia shares hit record high on tech, healthcare push

The country's No.1 lender, Commonwealth Bank, slid as much as 1.1%

Published 13 Aug, 2021 11:30am

Markets

Australian, NZ shares down

SYDNEY/WELLINGTON: Australian shares closed lower on Thursday, with buy-now, pay-later and bank shares leading...

Published 16 Jul, 2021 04:34am

Markets

Australian shares plunge, NZ up

SYDNEY/WELLINGTON: Australian shares closed at their lowest level in two weeks on Thursday, after a rise in locally...

Published 02 Jul, 2021 04:20am

Markets

Australia shares fall most in over one month on CBA plunge, hawkish Fed

Elsewhere, construction materials supplier Boral Ltd pared some gains to end 1.5% higher.

Published 21 Jun, 2021 01:26pm

Markets

Australia's CBA sells general insurance unit to South Africa's Hollard Group

The deal comes just months after smaller peer Westpac sold its general insurance arm to German insurer Allianz for A$725 million.

Published 21 Jun, 2021 10:43am

Technology

Internet outages hit Virgin Australia, Australian lenders

Commonwealth Bank, Westpac and ANZ were among the lenders that tweeted about the outages, as did Virgin Australia.

Published 17 Jun, 2021 11:49am

Markets

Australian shares up, NZ down

SYDNEY/WELLINGTON: Australian shares ended higher on Monday, aided by gains in heavyweight gold stocks on the...

Published 18 May, 2021 05:05am

Business & Finance

Fitch raises outlook for Australia's 'Big Four' banks as economy rebounds

However, the ratings agency warned that risks to the forecast would remain until the vaccination programme is completed.

Published 12 Apr, 2021 02:21pm

Markets

Australia's CBA ordered to pay $5mn fine for overcharging interest

A CBA spokesperson acknowledged the penalty, adding that the bank had sent refunds to 2,269 customers totalling A$3.74 million.

Published 07 Apr, 2021 12:31pm

Markets

Australia, NZ dollars slightly higher as risk-appetite recovers

The New Zealand dollar was 0.14% higher at $0.7011 as investors also positioned for month-end, strategists said.

Published 30 Mar, 2021 10:43am

Markets

Asian shares hit 2-week lows, dollar gains as investors scurry for cover

Brent crude futures rose 22 cents to $61.01 a barrel, after tumbling 5.9% and hitting a low of $60.50 on Tuesday. West Texas Intermediate (WTI) crude futures added 17 cents to $57.93, having lost 6.2% the previous day.

Published 24 Mar, 2021 12:47pm

Markets

BOJ widens band around long-term rate target

Under a policy dubbed yield curve control, the BOJ targets short-term interest rates at -0.1% and the 10-year bond yield around 0%. It also buys risky assets such as exchange-traded funds (ETF) as part of efforts to fire up inflation.

Published 19 Mar, 2021 11:24am

Business & Finance

Australia shoppers pull back in December, outlook still strong

Mobility restrictions were largely lifted in early January after New South Wales state controlled the small virus outbreak, suggesting the outlook is better for January, economists said.

Published 22 Jan, 2021 11:20am

Markets

Australia central bank seen extending QE beyond April

International borders remain shut, however, while small virus outbreaks in parts of the country from time to time has led to an uneven and bumpy economic recovery.

Published 19 Jan, 2021 10:03am

Markets

Australia, NZ dollars gain as US package, Brexit deal encourage risk

Last week's Brexit agreement helped support the outlook for global growth, also lifting Asian stocks on Tuesday.

Published 29 Dec, 2020 09:15am

Business & Finance

Commonwealth Bank of Australia makes Brexit move to Amsterdam

Since Britain voted to leave the EU in 2016, a range of businesses in finance, information technology, media, and health have moved their head office from London to Amsterdam.

Published 07 Dec, 2020 12:32pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Cotton US¢/pound / Nov 21	70.60
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 22 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 22 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 22 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 22 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Commonwealth Bank

Most Popular