Thing that is of interest is that all of the big 4 banks seem to be doing well - re: SP over the last 12 months - Maybe CBA has had more of a stellar rise than the others. It does appear that the big 4 are still seen as a gilt edged investment at this stage.
Nab was below $30 just 12 months ago so, a 25% increase over the last year.
It does seem that investors are not being put off by any potential legal investigations levelled towards the big 4 at the moment - or they think the banks can weather and legal sanctions imposed.
Any thoughts on whether that situation will continue?
NAB Price at posting:
$39.61 Sentiment: Hold Disclosure: Held
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