Prices usually trade below CR rates for a while as sentiment wanes, so $12-13 band is not unreasonable. The financials are trading at below their moving averages with weak signals going forward.
The next horror for the financial sector could be mortgage defaults. 1 in 5 Australians are already reporting difficulty in meeting mortgage / rent bills. The big question is, are we at the end of the pain, or is this just the beginning?
Ann: NAB launches capital raising, page-51
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Last
$36.21 |
Change
0.020(0.06%) |
Mkt cap ! $112.2B | |||
| Open | High | Low | Value | Volume |
| $36.24 | $36.28 | $35.75 | $447.9M | 13.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 62660 | $36.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.22 | 14761 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| NAB (ASX) Chart |