Interest rates were 7 to 8% in 2001 and IAG was $3.00 a share.
Interest rates were 4 to 2% in 2018 to 2020 and IAG share price was around $8 the highest in history when interest rates were?
So I don't see the correlation you're drawing? It would seem the opposite?
IAG has suffered from the banking royal commission, the covid stockmarket retrace, and the bushfire and I think fear around global warming and climate change. I believe it's way oversold and has started its recovery.
Time will tell.
IAG
insurance australia group limited
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0.23%
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$8.78

How hard is IAG going to run?, page-5
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Last
$8.78 |
Change
0.020(0.23%) |
Mkt cap ! $20.76B |
Open | High | Low | Value | Volume |
$8.74 | $8.82 | $8.68 | $35.35M | 4.027M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 243 | $8.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.80 | 46 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 243 | 8.770 |
5 | 5495 | 8.760 |
1 | 241 | 8.750 |
1 | 238 | 8.740 |
1 | 237 | 8.730 |
Price($) | Vol. | No. |
---|---|---|
8.800 | 46 | 1 |
8.810 | 8248 | 2 |
8.820 | 250 | 1 |
8.830 | 6820 | 3 |
8.840 | 975 | 2 |
Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
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IAG (ASX) Chart |