Judging by the NYSE close and the market mayhem in London, Toronto, and now NYC, I'd say we could see absolute carnage upon the Australian open on Monday.
CBA as the priced to perfection stock could easily suffer a fall from grace.
There appears no circuit breakers on the ASX down in Sydney.
The Aussie banks may need a bailout but this time as opposed to the Rudd bank guarantee bailouts, there might be a lot of regulatory issues uncovered such as anti-trust regulation failures, money laundering failures, irresponsible lending, tied finance, Markets trading misbehaviors.
Judging by the NYSE close and the market mayhem in London,...
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 (20min delay)
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Last
$177.41 |
Change
0.420(0.24%) |
Mkt cap ! $296.1B | |||
| Open | High | Low | Value | Volume |
| $177.11 | $177.60 | $176.11 | $52.88M | 298.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 39 | $177.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $177.41 | 19 | 2 |
View Market Depth
| Last trade - 11.40am 31/07/2025 (20 minute delay) ? |
| CBA (ASX) Chart |