yep , conservative and smart risk management (currency) -from their AGM:
"We continue to adopt a low risk, absolute return investment approach to the investment of policy holders and sharteholder funds. Approximately 72% of our investments are held in overseas currencies to match insurance liabilities in those currencies and support our substantial shareholder funds invested in overseas subsidiaries. Our conservative policy of matching and hedging the foreign currency exposures in australian dollars has resulted in a small exchange gain in 2006"
is it a buy qbe down to bottom support 32 , page-12
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Last
$16.54 |
Change
-0.010(0.06%) |
Mkt cap ! $25.21B | |||
| Open | High | Low | Value | Volume |
| $16.73 | $16.82 | $16.51 | $30.98M | 1.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 4943 | $16.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.54 | 2490 | 24 |
View Market Depth
| Last trade - 13.38pm 13/09/2024 (20 minute delay) ? |
| QBE (ASX) Chart |