Australian Shares Edge Higher as Gold Shines, CBA Drops

Lunch Wrap: ASX dragged as CBA gets smashed on margin fears; gold stocks still glitter

At lunchtime in the east, the ASX had slipped 0.1%, giving back its early morning gains.

Australian shares edge higher as gold shines, CBA drops

A tumble in Australia's most valuable company is capping the gains for the local bourse, which is inching higher after a strong lead from Wall Street.

Australian shares dip as CommBank drags bourse lower

Australia's share market has stumbled after a snag in Commonwealth Bank's quarterly update sparked a dramatic sell-off that wiped $12 billion from Australia's biggest company.

Which big four bank shares have performed the best in 2025?

The big four bank shares make up an important part of many investors' portfolios.  These banks also have such a market dominance in the Australian economy that the performance of these stocks influences the S&P/ASX 200 Index (ASX: XJO).  Much of the focus this year was on Commonwealth Bank of Australia (ASX: CBA) shares, which hit record high after record high early in 2025.  However, today, CBA shares are tumbling 6% following the release of…

CBA shares tumble to weigh down ASX

The sharemarket has lost ground, as shares in Australia’s biggest listed company dropped sharply in response to a trading update.

Gold Miners Lift ASX 200 as CBA Faces Pressure

The ASX 200 edged higher as gold miners gained momentum while major banking stocks faced downward pressure amid cautious market sentiment.