ANZ up 2.5% this week ahead of key Australia inflation read
ANZ Group Holdings shares ended the week higher, though the stock dropped 11 Australian cents to A$35.03 on Friday. National Australia Bank closed up 1.07%. Commonwealth Bank was little changed, up 0.10%. Westpac dipped 0.43%. Australian cash trading is on hold for the weekend. Market action resumes Monday, June 22. For the week, ANZ outperformed the main index by about 2.2 percentage points. Investors are looking past revenue worries for now and sticking with CEO Nuno Matos’s cost reset plan as they wait to see if growth picks up.