Negative rates are bad for banks (earnings) but good for asset prices - may not have the impact on share price that you expect.
Bank earnings may come under pressure - but the price paid for those earnings may rise & counterbalance. Further, Macquarie's other assets are likely to be valued higher with a further drop in the risk free rate.
MQG doesn’t deserve this fall!, page-24
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Last
$226.55 |
Change
0.390(0.17%) |
Mkt cap ! $86.34B | |||
| Open | High | Low | Value | Volume |
| $226.75 | $226.75 | $224.52 | $92.66M | 409.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25 | $226.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $226.73 | 61 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| MQG (ASX) Chart |