SYDNEY Feb 13 Commonwealth Bank of Australia
shares hit an all-time high on Wednesday after the
country's biggest mortgage lender reported a record half-year
CBA shares were at A$67.18 at 2312 GMT, up 2.5 percent,
after rising as high as A$67.38.
The bank's cash profit rose 6 percent to A$3.78 billion
($3.90 billion), in line with analysts' expectations, buoyed by
its retail bank business and improvements in global markets that
boosted wealth management earnings.
CBA said it expected domestic business and consumer
confidence to improve in line with a more stable global outlook.
($1 = 0.9700 Australian dollars)
(Reporting By Jane Wardell; Editing by Richard Pullin)