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.
financial indices on the NYSE has dropped from 10,000pts in May...
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Last
$39.05 |
Change
0.550(1.43%) |
Mkt cap ! $120.3B | |||
| Open | High | Low | Value | Volume |
| $38.64 | $39.05 | $38.54 | $162.0M | 4.166M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 213 | $39.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.05 | 50835 | 9 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| NAB (ASX) Chart |