Is not longer just the bank's position, but other forces that will put pressure on CBA SP. Investors losing heavily on other fronts are selling blue chips to meet their needs. Housing bubble is yet to be felt in Aust, a correction to the order of 20-30% is expected. Jobs losses are beginning to emerge, but many still have some fats that can last them for awhile and when they are spent, loans default will emerge. Assets value are still on the decline, and bank's risk have increased inversely proportion to that decline. I think bank shares will continue to come under pressure until Obama takes over.
Is not longer just the bank's position, but other forces that...
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Last
$131.66 |
Change
1.740(1.34%) |
Mkt cap ! $220.3B | |||
| Open | High | Low | Value | Volume |
| $130.80 | $131.84 | $129.89 | $256.3M | 1.965M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 601 | $131.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $131.66 | 712 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CBA (ASX) Chart |