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PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

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Wednesday, 24 April 2019

Banks shaking off the Royal Commission blues

Banks bounce

Australia's major banks are showing some signs of life having previously been whacked by the Royal Commission.

Commonwealth Bank (ASX: CBA) has recovered nicely to hit an intraday high of $75.34. 


That's the highest price since August 2018 when the public hearings really began to hit their straps.

Another signal here that credit is just starting to ease up.

Macquarie Bank (ASX: MQG) is trading at $135.77, a record high.