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
$36.29 |
Change
-0.400(1.09%) |
Mkt cap ! $112.4B | |||
| Open | High | Low | Value | Volume |
| $36.60 | $36.65 | $36.24 | $127.9M | 3.518M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1594 | $36.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.30 | 11424 | 3 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| NAB (ASX) Chart |