Connect with us

Business

Tumbling CBA shares drag ASX to a loss – The Australian Financial Review

Commonwealth Bank suffers its worst day since March last year, falling 8.1 per cent after its lacklustre results that helped…

Published

on

Article feature image

Citi analysts described the quarterly update as surprisingly soft and highlighted the cash earnings that came in 4 per cent below market forecasts and the weaker-than-anticipated net interest margin.
While execution remains strong in a volume sense, this…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending