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?
Ann: NAB launches capital raising, page-51
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 (20min delay)
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Last
$33.96 |
Change
-0.440(1.28%) |
Mkt cap ! $105.3B | |||
| Open | High | Low | Value | Volume |
| $34.00 | $34.03 | $33.73 | $109.1M | 3.215M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10518 | $33.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.97 | 10705 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$33.99 |
Change
-0.440 ( 1.01 %) |
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| Open | High | Low | Volume | ||
| $33.96 | $34.03 | $33.74 | 480456 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| NAB (ASX) Chart |