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CBA at record high

Commonwealth Bank shares struck a new high on Thursday, after surging by a third in the past year. The stock closed at $75.58, up 97 cents, eclipsing the previous record of $75 set a few months ago. The bank's market capitalisation now stands at $121.8 billion. The shares were trading at $56 just a year ago.

Commonwealth Bank shares struck a new high on Thursday, after surging by a third in the past year. The stock closed at $75.58, up 97 cents, eclipsing the previous record of $75 set a few months ago. The bank's market capitalisation now stands at $121.8 billion. The shares were trading at $56 just a year ago.

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