There is a re-rating happening with the insurance sector
Look at all three run, IAG/QBE/SUN - IAG/QBE running on the basis on SUN result.
I own all three, in decent size parcels, and I could not have been happier!!!
I recall last result season as well SUN, was flying only to be put down by the potential Business Insurance claims.
This time, they are saying to the market, we have done well, and we will give a good dividend, and we are well covered for the BI claims.
There is a re-rating happening with the insurance sectorLook at...
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Last
$18.16 |
Change
-0.160(0.87%) |
Mkt cap ! $23.10B | |||
| Open | High | Low | Value | Volume |
| $18.27 | $18.48 | $18.09 | $42.92M | 2.419M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 91 | $18.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.19 | 6703 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| SUN (ASX) Chart |