Clearly oil is also affecting sentiment as today's sell-off is merely a continuation of the drop from $3.72 a couple of weeks ago. QAN has a fuel hedging policy (although this loses effectiveness with sustained high prices) ans also they are quite content to pass on higher fuel costs directly to passengers through surcharges.
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$6.74 |
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1 | 7461 | 6.700 |
3 | 6100 | 6.680 |
1 | 150 | 6.660 |
2 | 3002 | 6.650 |
Price($) | Vol. | No. |
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6.770 | 37210 | 2 |
6.780 | 16000 | 2 |
6.790 | 120 | 1 |
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6.810 | 2944 | 1 |
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