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
CBA also was considered (along with WBC) a safer bank, so it had...
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Last
$131.63 |
Change
-1.030(0.78%) |
Mkt cap ! $220.2B | |||
| Open | High | Low | Value | Volume |
| $130.86 | $131.63 | $130.40 | $504.5M | 4.019M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5713 | $131.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $131.65 | 169 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CBA (ASX) Chart |