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Record CBA share price and Iran-Israel ceasefire lift ASX 200 financials to new peak

Summary by fool.com.au
Financial shares led the ASX 200 market sectors last week with a 1.82% gain over the five trading days. Another record for CBA shares and the Iran-Israel ceasefire pushed the financials sector to a new peak. The S&P/ASX 200 Financials Index (ASX: XFJ) hit a new all-time high of 9,676.6 points on Friday before closing at 9,484. The benchmark S&P/ASX 200 Index (ASX: XJO) closed the week 0.1% higher at 8,514.2 points. Only three of the 11 market se…
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The smug idea that Israel can get away with anything without paying a price seems to have disappeared. Andrea Zhok. Originally published in Italian on his Telegram channel. The world’s craziest ceasefire began a short time ago, and it seems to be holding. It was not announced by the parties involved, but by Trump, who made it public two minutes before the markets reopened (so much for insider trading). The NASDAQ jumped 150 points in two minutes…

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fool.com.au broke the news in on Sunday, June 29, 2025.
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