Our equity markets in Oz could handle a few .25% rate hikes going into next year to reduce inflation but It won’t head higher than 4%
I agree one more big hike by the US FED could be as big as 1% per cent but more likely .75 basis points. After that we differ. Equity markets need to be protected at all costs or they will stagnate or worse implode.
Ann: Red Lake Site Visit Presentation, page-15
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Last
$3.71 |
Change
-0.150(3.89%) |
Mkt cap ! $7.367B | |||
| Open | High | Low | Value | Volume |
| $3.74 | $3.76 | $3.66 | $41.09M | 11.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 47560 | $3.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.74 | 20085 | 2 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| EVN (ASX) Chart |