Dec 9 (Reuters) - Westpac Banking Corp (WBC) :
- Asset quality is expected to remain sound in year ahead
- Competition is also expected to remain intense from both existing competitors and new entrants, particularly in so-called fintech space
- Growth is a little uneven across states
- Growth in services sector, rise in residential & infrastructure investment & improved net exports gains offset second order effects from slowdown in mining investment
- It is likely that additional stress will emerge in sectors and regions undergoing some structural change
- Outlook for Australia and New Zealand remains positive
- Global environment seems particularly volatile at present, domestic fundamentals are sound
News: WBC Westpac Banking Corp says asset quality expected to remain sound in year ahead
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Last
$38.53 |
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0.575(1.52%) |
Mkt cap ! $131.6B | |||
| Open | High | Low | Value | Volume |
| $38.20 | $38.53 | $38.10 | $206.4M | 5.374M |
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| No. | Vol. | Price($) |
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| 12 | 1593 | $38.52 |
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| Price($) | Vol. | No. |
|---|---|---|
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| WBC (ASX) Chart |