Mixed results prompt sell-off

By Christopher Hindmarsh
November 5 2018 - 4:30am
Commonwealth Bank has sold off its 80 per cent stake in Indonesian Life Insurance Business (PT Commonwealth Life – PTCL) to Hong Kong-based private company, FWD Group, for $426 million.
Commonwealth Bank has sold off its 80 per cent stake in Indonesian Life Insurance Business (PT Commonwealth Life – PTCL) to Hong Kong-based private company, FWD Group, for $426 million.

Global equities were broadly weaker over the week as the US reporting season progressed and nervousness around trade and rising yields appeared to resonate amongst investors. 

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