For the last year, QBE has been repelled every time it tested ~12.80.
This time it is different. Recent interest rate rises above nil means it can earn a return on its very large interest-bearing investments.
It successfully pushed through significant premium rises without losing too many customers. Now, able to earn a modest return on investments, I expect profitability and market attention to revive.
Sympathy for long term holders.
Ash
For the last year, QBE has been repelled every time it tested...
Add QBE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.08 |
Change
0.070(0.39%) |
Mkt cap ! $27.16B | |||
| Open | High | Low | Value | Volume |
| $18.04 | $18.20 | $18.00 | $63.80M | 3.526M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8327 | $18.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.12 | 489 | 1 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$18.09 |
Change
0.070 ( 0.62 %) |
||||
| Open | High | Low | Volume | ||
| $18.02 | $18.20 | $18.01 | 468237 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| QBE (ASX) Chart |