Institutions are switching from banks to resource stocks I think. The money pushing up resource stocks has to come from somewhere. I think the very strong rallies bank stocks have experienced this year is going to come to an end as resources rally. Big 4 banks were seen as defensive stocks due to their dividend yield. Resource stocks are tied to China which is recovering. The Big 4 banks are looking at lower earnings as credit growth in Australia remains subdued. You can probably throw fundamentals like what is over/under valued on a P/e, divvie yield basis out of the window.
- Forums
- ASX - By Stock
- NAB
- nab - what gives?
nab - what gives?, page-2
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NAB (ASX) to my watchlist
(20min delay)
|
|||||
Last
$34.46 |
Change
0.550(1.62%) |
Mkt cap ! $106.9B |
Open | High | Low | Value | Volume |
$34.17 | $34.46 | $34.00 | $131.0M | 3.812M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2560 | $34.43 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$34.46 | 12413 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 800 | 34.400 |
1 | 1495 | 34.320 |
1 | 8183 | 34.310 |
2 | 8170 | 34.300 |
2 | 10086 | 34.290 |
Price($) | Vol. | No. |
---|---|---|
34.460 | 9782 | 4 |
34.470 | 2217 | 1 |
34.480 | 8929 | 4 |
34.490 | 5364 | 5 |
34.500 | 40648 | 42 |
Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
|
|||||
Last
$34.36 |
  |
Change
0.550 ( 1.67 %) |
|||
Open | High | Low | Volume | ||
$34.07 | $34.42 | $33.98 | 437484 | ||
Last updated 15.59pm 03/06/2024 ? |
Featured News
NAB (ASX) Chart |