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NAB posts bumper profit as coronavirus loan losses less than expected, ASX set to rise after Wall Street hits new record – ABC News

NAB annual net profit surges to more than $6.3 billion, the ASX is lacklustre despite the Dow Jones index hitting a new record…

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National Australia Bank has seen its annual profit soar to more than $6 billion after it released funds put aside to cover loan losses from the coronavirus pandemic.
Key points:

  • The Dow Jones index has risen 0.3pc to 36,424, S&P 500 has risen 0.2pc to 4,706…

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