Apart from my comment yesterday, CSL has underperformed the All Ords by 40% in the last six months. CSL is regarded by instos as a defensive stock and outperformed in the previous six months. It started underperforming in March when the rally started. Now that the whole market looks overbought, instos may reposition into CSL.
It is also a stock that instos must have a view on as it has a market cap of $19bn and is a top 100, if not top 50, stock.
Valuations still historically moderate.
However in a falling market, CSL may just outperform by standing still. Food for thought.
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Last
$299.60 |
Change
-1.600(0.53%) |
Mkt cap ! $145.0B |
Open | High | Low | Value | Volume |
$300.91 | $301.16 | $298.02 | $174.8M | 583.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2000 | $299.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$299.69 | 766 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 299.500 |
1 | 300 | 299.350 |
1 | 500 | 299.250 |
1 | 25 | 299.010 |
4 | 435 | 299.000 |
Price($) | Vol. | No. |
---|---|---|
299.690 | 766 | 1 |
299.700 | 632 | 1 |
299.750 | 10 | 2 |
299.790 | 1175 | 1 |
299.870 | 1055 | 1 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
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CSL (ASX) Chart |
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