What does that even mean? "The market" is 100% invested in all banks to the extent that the share prices at any time reflect the market's preferred exposure.
If CBA is the market's preferred exposure "right now" as you say then how do you explain its underperformance in comparison to ANZ over the past month?
ANZ - General Discussion, page-5
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Last
$29.78 |
Change
-0.050(0.17%) |
Mkt cap ! $89.61B | |||
| Open | High | Low | Value | Volume |
| $29.95 | $29.98 | $29.78 | $104.2M | 3.492M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1533 | $29.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.80 | 153 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |