CBA at record high
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Commonwealth Bank shares hit a new high due to a significant surge of one-third in the past year, reflecting strong market performance and investor confidence.
The current market capitalisation of Commonwealth Bank stands at $121.8 billion, highlighting its substantial growth and market presence.
In the past year, Commonwealth Bank shares increased from $56 to $75.58, marking a significant rise in value and investor interest.
The previous record high for Commonwealth Bank shares was $75, which was surpassed recently when the shares closed at $75.58.
Commonwealth Bank shares recently closed at $75.58, marking a new record high for the stock.
The rise in Commonwealth Bank's share price can be attributed to strong market performance and increased investor confidence over the past year.
Compared to a year ago, Commonwealth Bank shares have risen significantly from $56 to $75.58, indicating robust growth.
The new share price of $75.58 means that Commonwealth Bank investors have seen substantial returns, reflecting the bank's strong market position and growth potential.