Prices usually trade below CR rates for a while as sentiment wanes, so $12-13 band is not unreasonable. The financials are trading at below their moving averages with weak signals going forward.
The next horror for the financial sector could be mortgage defaults. 1 in 5 Australians are already reporting difficulty in meeting mortgage / rent bills. The big question is, are we at the end of the pain, or is this just the beginning?
Prices usually trade below CR rates for a while as sentiment...
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Last
$39.05 |
Change
0.600(1.56%) |
Mkt cap ! $119.7B | |||
| Open | High | Low | Value | Volume |
| $38.95 | $39.09 | $38.83 | $92.65M | 2.378M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2203 | $39.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.05 | 896 | 6 |
View Market Depth
| Last trade - 13.36pm 17/10/2024 (20 minute delay) ? |
| NAB (ASX) Chart |