35% of QBE's investment funds (approx $9 billion of $26 billion) is held in AUD.
A 0.25% rate rise in Australia would equate to an extra investment income of $22.5 million p.a.
A 0.5% rate rise this year would double that not even considering compound interest.
This just shows how important rates are to QBE's profitability.
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Last
$16.97 |
Change
0.030(0.18%) |
Mkt cap ! $25.49B | |||
| Open | High | Low | Value | Volume |
| $16.76 | $17.16 | $16.76 | $50.37M | 2.945M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4167 | $16.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.98 | 1101 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| QBE (ASX) Chart |