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
|
|||||
Last
$37.24 |
Change
-0.355(0.94%) |
Mkt cap ! $114.9B |
Open | High | Low | Value | Volume |
$37.27 | $37.46 | $37.12 | $41.18M | 1.105M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 1115 | $37.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$37.24 | 306 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 1191 | 37.220 |
10 | 2481 | 37.210 |
14 | 2637 | 37.200 |
9 | 1912 | 37.190 |
11 | 12662 | 37.180 |
Price($) | Vol. | No. |
---|---|---|
37.230 | 1040 | 14 |
37.240 | 2237 | 15 |
37.250 | 2295 | 9 |
37.260 | 2882 | 12 |
37.270 | 2445 | 11 |
Last trade - 14.40pm 25/07/2024 (20 minute delay) ? |
Featured News
NAB (ASX) Chart |