Page 12 - Jon Mott News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The S&P/ASX 200 shook off a drop at the open to add 9.2 points to 7387.1 on Thursday as the energy sector was boosted by oil prices breaching $US120 a barrel.

Commonwealth Bank, which reports results next week, has adjusted historical interest earnings, but the market expects intense pressure on margins will continue.

Banks put worst behind them Feb 22, 2021 – 12.00am Save Share Bank watchers have hailed the latest round of results as the conclusion to several years of discomfort for bank shareholders, with an overly cautious approach to bad debts poised to support a sustained increase in dividends. Yarra Capital’s Dion Hershan says the resilience of the banks has been underestimated.  Yarra Capital head of equities Dion Hershan says the implosion of the economy and resulting damage to bank balance sheets forecast in the darkest days of the crisis simply hasn’t occurred, leaving the banks...