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 / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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