Yes the Omicron varient will cause all markets to drop to a degree. Depending on the science reseach on effectiveness of current vaccines or the time to develop a newer booster, the markets including CBA will recover. Good timing to replace the shares sold off in the share buyback. From memory it got to $57 with the initial drop from the first round of covid, so this time around with much more scientic knowledge together with funding for vaccine development I doubt it will get near $57, but could easily go to $70 or $80 depending on the amount of fear. It could also be over in week and just a bump along the way.
Yes the Omicron varient will cause all markets to drop to a...
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Last
$127.38 |
Change
1.180(0.94%) |
Mkt cap ! $213.1B | |||
| Open | High | Low | Value | Volume |
| $127.00 | $127.61 | $126.27 | $277.5M | 2.190M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1360 | $127.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $127.38 | 37154 | 9 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CBA (ASX) Chart |