I think the bigger driver of the recent rally is a big increase in the implied rate cut probability at the RBA August meeting. This has pushed the exchange rate down and will directly push CSL share prices higher as forward interest and exchange rate expectations are being priced in
CSL @117, page-18
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Last
$300.45 |
Change
-5.220(1.71%) |
Mkt cap ! $146.1B | |||
| Open | High | Low | Value | Volume |
| $301.50 | $305.00 | $300.25 | $50.50M | 167.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20 | $300.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $300.50 | 45 | 3 |
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| Last trade - 11.36am 05/08/2024 (20 minute delay) ? |
| CSL (ASX) Chart |