The unemployment rate is what will kill the property market and the banks .... we still have low unemployment and low interest rates... For now one can view the sell off of cba as profit taking ... 80 is the long term up trend there after its back up to higher level unless the market decides otherwise .
If unemployment increases towards 8% then I would be heading for the hills ...but until then cba is booking in large profits.
3 reasons to sell your cba shares, page-297
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Last
$142.09 |
Change
-0.660(0.46%) |
Mkt cap ! $235.5B | |||
| Open | High | Low | Value | Volume |
| $141.65 | $142.22 | $140.40 | $206.5M | 1.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2392 | $142.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $142.19 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| CBA (ASX) Chart |