CBA share price rises, but Commonwealth Bank loses ASX top spot to BHP as rate bets build
Commonwealth Bank of Australia closed up 0.5% at A$150.22, but lost its top spot to BHP after a surge in mining stocks. The ASX 200 rose 0.9% to its highest since October. Traders await Wednesday’s inflation data and the Reserve Bank of Australia’s rate decision on Feb. 3. CBA will report half-year results and announce an interim dividend on Feb. 11.