35% of QBE's investment funds (approx $9 billion of $26 billion) is held in AUD.
A 0.25% rate rise in Australia would equate to an extra investment income of $22.5 million p.a.
A 0.5% rate rise this year would double that not even considering compound interest.
This just shows how important rates are to QBE's profitability.
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Last
$17.08 |
Change
-0.130(0.76%) |
Mkt cap ! $25.71B | |||
| Open | High | Low | Value | Volume |
| $17.06 | $17.11 | $16.89 | $40.74M | 2.390M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 248 | $17.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.10 | 620 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| QBE (ASX) Chart |