I found 2 interesting articles probably relating to CSL’s fell:
this on quora
Link = https://qr.ae/pNdJEP
and this
https://theconversation.com/why-does-inflation-make-stock-prices-fall-91874
The former: It is an explanation behind the drop on Nasdaq index
The latter: It is an explanation on relationship between inflation & stock price
In my understanding, it is due to people’s having expectations
inflation rate will eat up
the profit - + CF - of the business
Pls correct me if I am wrong
CSL possible pull back to low $200's, page-360
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Last
$299.75 |
Change
2.250(0.76%) |
Mkt cap ! $144.8B | |||
| Open | High | Low | Value | Volume |
| $297.75 | $300.00 | $297.02 | $194.7M | 656.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 601 | $299.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $299.80 | 2106 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| CSL (ASX) Chart |