Once interest rates get this low, banks would find it very difficult to cut rates so 15 basis points is not too bad - and that decision had nothing to do with the SP diving over the last few days. All about the US economic sentiment and manufacturing data and the ever present TRUMP machinations and threats of impeachment. Markets hate uncertainty. Maybe being a bit unfair there JC
The additional remediation and software cost have not helped and it will be interesting to see if that affects the next dividend amount.
NAB Target Price $34 by June 2020, page-63
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Last
$39.18 |
Change
0.060(0.15%) |
Mkt cap ! $120.4B | |||
| Open | High | Low | Value | Volume |
| $39.14 | $39.33 | $38.91 | $209.0M | 5.482M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11266 | $39.16 |
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| Price($) | Vol. | No. |
|---|---|---|
| $39.21 | 3400 | 1 |
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| NAB (ASX) Chart |