Shares of National Australia Bank Ltd closed at A$43.36, slipping 1.57%. Australian stocks wrapped up the week on a sour note, putting investors on edge for Monday.
Shares of Commonwealth Bank of Australia slipped 0.23% to close at A$158.91 on Friday, after trading in a range from A$156.95 to A$160.08. Investors appeared to reduce exposure heading into the weekend.
Shares of Commonwealth Bank of Australia climbed 1.4% to close at A$159.28 on Thursday, bucking the S&P/ASX 200's 0.4% decline. ANZ also advanced 1.4%, while National Australia Bank added 0.3%, indicating the banking sector outperformed the broader market.
The Commonwealth Bank of Australia share price closed Friday 0.47% higher at A$149.36. It fluctuated between A$148.33 and A$150.10 during the session, with roughly 2.32 million shares traded.
Australian shares slipped on Tuesday, with the S&P/ASX 200 dropping 0.66% to 8,815.9. Heavy selling hit banks and miners hardest, dragging the index down 58.6 points from Monday’s close of 8,874.5.
Shares of Commonwealth Bank of Australia dropped 1.3% on Wednesday, ending at A$152.88, while the broader market inched up. The stock fluctuated between A$150.92 and A$154.96 during the session. https://ts2.tech/en/commonwealth-bank-of-australia-stock-slides-as-banks-lag-asx-rba-call-and-feb-results-loom/
Commonwealth Bank of Australia fell 1.3% on Wednesday and ended at A$152.88, bucking a modest rise in the broader market. The stock traded between A$150.92 and A$154.96.
Shares of Commonwealth Bank of Australia ended Tuesday up 0.8%, buoyed by new labour-market data that continue to fuel discussion around interest rates.