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
$1.90 |
Change
-0.025(1.30%) |
Mkt cap ! $306.0M | |||
| Open | High | Low | Value | Volume |
| $1.96 | $1.96 | $1.87 | $869.6K | 458.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 531 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 1127 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| HLO (ASX) Chart |