CBA also was considered (along with WBC) a safer bank, so it had suffered lesser falls (percentage wise) than NAB and ANZ.
When NAB released its results and they were not as bad as expected there was a partial rerating of NAB wrt it's peers.
There is also the upcoming dividend as a sweetner for NAB (buying prior to the dividend allows a return of 3 x 1/2yearley dividends over a (slightly longer than) one year period).
Finally, as mentioned, the bad debts are starting to peek out of the cupboard.
J.
I have traded NAB, I hold CBA
might cba ... not, page-9
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Last
$135.39 |
Change
1.230(0.92%) |
Mkt cap ! $226.5B | |||
| Open | High | Low | Value | Volume |
| $134.50 | $136.11 | $134.32 | $462.5M | 3.416M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1980 | $135.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $135.39 | 2342 | 1 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| CBA (ASX) Chart |