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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 (20min delay)
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Last
$33.81 |
Change
0.290(0.87%) |
Mkt cap ! $104.9B | |||
| Open | High | Low | Value | Volume |
| $33.69 | $34.05 | $33.62 | $121.3M | 3.585M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17815 | $33.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.90 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$33.87 |
Change
0.290 ( 0.95 %) |
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| Open | High | Low | Volume | ||
| $33.66 | $34.05 | $33.63 | 619806 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| NAB (ASX) Chart |