there's a bull narrative that the US fed giving 5% interest loans to banks at the face value amount of bonds purchased before March 13th to cover deposits is QE(it isn't). So this has led to a rally in growth stocks and inversely, a sell off of value stocks.
I suspect the situation will be made very clear by the FOMC meeting tomorrow.
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Last
$7.80 |
Change
0.010(0.13%) |
Mkt cap ! $1.740B | |||
| Open | High | Low | Value | Volume |
| $7.82 | $7.85 | $7.70 | $4.170M | 537.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 4627 | $7.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.80 | 1114 | 11 |
View Market Depth
| Last trade - 14.59pm 23/06/2025 (20 minute delay) ? |
| GNC (ASX) Chart |