Taking into account that more and more negitive effects appearing due to higher interest rates, bad decisions and bad credit risks. This also compounded by a reduction large reduction in spending within the next couple of months should result in a fall in company profits and the asx fall back to 4400 to 4800. I predict that we will loose around 15% at worst. I predict that as interst rates rise above 11% to 14% there will be sell off as bank returns look more attractive.
a sell off in sight
Add ASX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$64.69 |
Change
0.850(1.33%) |
Mkt cap ! $12.54B | |||
| Open | High | Low | Value | Volume |
| $64.52 | $64.75 | $64.14 | $11.35M | 175.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8 | $64.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $64.69 | 5 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |