Why Commonwealth Bank of Australia Stock Price Is Holding Up as the ASX Sinks
Commonwealth Bank of Australia closed Thursday up 0.15% at A$177.36, outperforming a 1.7% drop in the S&P/ASX 200 to a four-month low. The stock remains about 7% below its June 2025 high, buoyed by record half-year earnings and a recent RBA rate hike to 4.1%. Fourteen analysts rate CBA as Underperform, citing valuation risks.