CBA, NAB, WBC, ANZ: How are these ASX-listed banking majors performing today?

Image Source: © Rummess| Megapixl.com

Highlights:

  • The shares of the top four ASX-listed banking majors, Commonwealth Bank of Australia, Westpac Banking Corporation, National Australia Bank Limited, Australia and New Zealand Banking Group Limited, were on investors' radar on Monday (27 June)
  • The Australian stock market opened the day's trading on a positive note 
  • The financial sector was the best performer today as the S&P/ASX 200 Financials Index (XFJ) was up 2.553% at 5900.700 points at 2:01 PM AEST

The Australian share market opened on a higher note today (June 27) as the ASX 200 was 1.36% higher at 6,667.90 points in initial trading. All the eleven sectors were seen trading in the green territory today, where financials was the best performing sector. Shares of the top four banking giants, Commonwealth Bank of Australia (ASX:CBA), Westpac Banking Corporation (ASX:WBC), National Australia Bank Limited (ASX:NAB), and Australia and New Zealand Banking Group Limited (ASX:ANZ) traded in the green zone during morning hours today.  

Usually, the share market performance of financial stocks is impacted by a change in interest rates and rate decisions taken by the Federal Reserve or the country's central bank. The financial stocks underwent volatile trading recently after the Reserve Bank of Australia (RBA) raised its rates by 50 basis points earlier this month.  

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Meanwhile, in the US stock market, the financial sector emerged as a notable gainer on Friday as the S&P 500 Financials was up 3.80%. Shares of the country's several banks jumped after the Federal Reserve made public its yearly stress test results.   

Today, the S&P/ASX 200 Financials Index (XFJ) was up 2.553% at 5900.700 points at 2:01 PM AEST.  

Also watch: 

 

 

In this article, we will look at today’s performance of the four leading banks, including their last year and year-to-date (YTD) performance. The four banking stocks include Commonwealth Bank of Australia (ASX:CBA), Westpac Banking Corporation (ASX:WBC), National Australia Bank Limited (ASX:NAB), and Australia and New Zealand Banking Group Limited (ASX:ANZ). 

 

 

 Image Source: © Bluezace | Megapixl.com 

  

Commonwealth Bank of Australia (ASX:CBA 

The shares of Commonwealth Bank of Australia traded 3.804% higher at AU$93.590 a piece on ASX at 2:15 PM AEST today. The share price of Commonwealth Bank of Australia has fallen nearly 6.29% in the last one year, while the stock's YTD performance is down by  –8.70%.   

  

Westpac Banking Corporation (ASX:WBC 

The shares of Australian financial institution Westpac Banking Corporation traded 2.566% higher at AU$19.980 per share on ASX at 2:20 PM AEST today. The banking service provider has a market capitalisation of AU$68.69 billion. Westpac Banking Corporation's shares have fallen nearly 22.62% in the last one year; the stock is down close to 7.76% on YTD.  

  

National Australia Bank Limited (ASX:NAB 

National Australia Bank Limited's share price traded 3.293% higher at AU$27.910 per share on ASX at 2:31 PM AEST today. The banking major has a market capitalisation of AU$86.28 billion. National Australia Bank Limited is likely to pay its shareholders an interim dividend of AU$0.730 per share on 5 July. In the last 12 months, NAB shares have gained nearly 6.85%, while the stock has fallen almost 5.07% on YTD.   

  

Australia and New Zealand Banking Group Limited (ASX:ANZ 

The shares of Australia and New Zealand Banking Group Limited was spotted trading 3.240% higher at AU$22.620 per share on ASX at 2:40 PM AEST today. The ASX-listed financial institution has a market capitalisation of AU$61.21 billion. ANZ shares have fallen up to 19.78% in the last 12 months, while the stock is down nearly 19.23% on YTD. The dividend pay date for the company is likely to be 1 July.   

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Keywords: Commonwealth Bank of Australia, Westpac Banking Corporation, National Australia Bank Limited, Australia and New Zealand Banking Group Limited   

 

 


 


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