Typically, the stock price may not fluctuate significantly in response to CPI data. However, what has not yet been factored in is the potential impact of a high June CPI and subsequent higher interest rates. This could lead to a further slowdown in business activity and potentially trigger a recession in Australia, which has not been fully considered or priced into the market yet.
Ann: HLO Trading Update for March Quarter 2024, page-348
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Last
$2.40 |
Change
0.000(0.00%) |
Mkt cap ! $386.3M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4 | $2.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.39 | 20 | 1 |
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