financial indices on the NYSE has dropped from 10,000pts in May 2007 to a new low of 3,700 last night. A 63% drop.
In Australia, our financial indices XFJ; peaked at just over 7,500 points in Oct 2007 and now sits at 3690 points. A 51% drop.
Historically when the financials indexes finally bottom; the bear market ends. Financial stocks will be the first to rebound sharply.
cba write downs increase 100% nab?, page-2
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Last
$38.58 |
Change
0.660(1.74%) |
Mkt cap ! $119.2B | |||
| Open | High | Low | Value | Volume |
| $37.99 | $38.58 | $37.93 | $224.4M | 5.839M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $38.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.58 | 30781 | 3 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| NAB (ASX) Chart |