I get the feeling recent earnings reports have been a trigger for a sector rotation (as while I'm bearish, a drop of this magnitude seems disproportionate). With capital growth likely tapped out, money is flowing elsewhere in spite of the yields. Not sure where lol, I know some miners have been outperforming recently, up some 20% on the back of basically no news.
I get the feeling recent earnings reports have been a trigger...
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Last
$134.35 |
Change
-0.540(0.40%) |
Mkt cap ! $224.8B | |||
| Open | High | Low | Value | Volume |
| $135.99 | $136.49 | $133.42 | $398.7M | 2.954M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 141 | $134.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $134.35 | 3475 | 1 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| CBA (ASX) Chart |