Hi Yolande,
Nothing I can see specific to NAB.
US bonds were weaker overnight which may account for the turnaround since they have a correlation with banks.
In the end though the reality is that the banking sector is in a primary downtrend, so rises as per the last 2-3 days are likely to be shortlived. That said, I thought there may be another day or two in it but apparently not.
It'll be instructive to see how banks perform between now and eto expiry at close tomorrow.
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Price($) | Vol. | No. |
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