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CBA leads $40 billion wipe-out in the ASX 's biggest rout in two years

2015-05-06 10:08:03| Grocery - Topix.net

Commonwealth Bank, which fell nearly 6 per cent, and Woolworths were responsible for more than a third of the loss on the ASX200 in a "very tough day" for investors. Australian shares lost close to $40 billion in value in their biggest slump since February 2013, as poor profit results from Commonwealth Bank and Woolworths sparked a major bout of selling in the banking and consumer staples sectors and throughout the broader market.

Tags: two years leads biggest

 

CBA leads $40 billion wipe-out in the ASX 's biggest rout in two years

2015-05-06 10:03:25| Automakers - Topix.net

Commonwealth Bank, which fell nearly 6 per cent, and Woolworths were responsible for more than a third of the loss on the ASX200 in a "very tough day" for investors. Australian shares lost close to $40 billion in value in their biggest slump since February 2013, as poor profit results from Commonwealth Bank and Woolworths sparked a major bout of selling in the banking and consumer staples sectors and throughout the broader market.

Tags: two years leads biggest

 
 

Miner rally offsets bad day for the banks on the ASX

2015-05-04 10:33:16| Agriculture - Topix.net

Westpac CEO Brian Hartzer announced the bank's below-expectations results on Monday, and shares slid more than 3 per cent. Strong performances from miners, the supermarkets and Telstra helped offset a bad day for banks as the Australian sharemarket finished modestly higher on Monday.

Tags: the day bad banks

 

Miner rally offsets bad day for the banks on the ASX

2015-05-04 10:23:39| Grocery - Topix.net

Westpac CEO Brian Hartzer announced the bank's below-expectations results on Monday, and shares slid more than 3 per cent. Strong performances from miners, the supermarkets and Telstra helped offset a bad day for banks as the Australian sharemarket finished modestly higher on Monday.

Tags: the day bad banks

 

Broad Selloff in Australia, ASX Down 1.9%

2015-04-30 09:43:39| Agriculture - Topix.net

Wesfarmers reported mixed quarterly sales performance across various chains. Sales at Bunnings, Officeworks and Kmart rose in double digits.

Tags: australia broad asx selloff

 

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