I believe the super funds,index funds etc are mostly to blame with a lot of these they are mandated to buy a certain percentage regardless of their thoughts on the underlying business. Perversely maybe prop others up when sentiment is against eg iron miners at the moment.
CBA TA update, page-1240
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Last
$136.19 |
Change
0.560(0.41%) |
Mkt cap ! $227.9B | |||
| Open | High | Low | Value | Volume |
| $136.66 | $136.95 | $135.82 | $221.1M | 1.622M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | $136.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $136.23 | 2981 | 2 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| CBA (ASX) Chart |