Financial stocks dropped a lot in the US markets and also on the ASX for the last 3 days. I am not sure why but there is talk about US Fed may not raise interest rates aggressively due to the expected depression in world economies due to the sanctions on Russia. There will be a big impact on the supply chains. The Russian vital exports will go to other parties who then sell on the open market and the price could be doubled for many commodities. I think Australian banks should find support at this level. The shorts might become more active and send the prices a bit lower though. In fact, they have been pretty active on WBC for the last few days.
Financial stocks dropped a lot in the US markets and also on the...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$33.90 |
Change
-0.670(1.94%) |
Mkt cap ! $116.0B | |||
| Open | High | Low | Value | Volume |
| $34.70 | $34.85 | $33.90 | $153.5M | 4.497M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8265 | $33.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.92 | 1500 | 1 |
View Market Depth
| Last trade - 16.15pm 27/06/2025 (20 minute delay) ? |
| WBC (ASX) Chart |