Can someone please shed some light as to what's going on with QBE's share price.
They have had a number of positive announcements lately ie
Sale of US Agency Businesses
Group Credit Rating Confirmed by AM Best Outlook Revised - Negative” to “Stable
Tender Offer for Senior Notes due 2015 - increased
Retirement of US$500M Convertible Subordinated Debt Notes
Other positives for QBE
Drop in Australian dollar
Increase in dividend
Aussie interest rates to drop and US rates to increase in 2015 - This is icing on the cake
and yet the price falls while aussie market rises I don't get it.
If the market works by looking at future prospects surely QBE should be shinning bright yet its been a dog of a stock...any thoughts greatly appreciated
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Last
$21.44 |
Change
0.440(2.10%) |
Mkt cap ! $32.37B | |||
| Open | High | Low | Value | Volume |
| $21.12 | $21.45 | $20.91 | $120.1M | 5.626M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15197 | $21.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.44 | 24860 | 3 |
View Market Depth
| Last trade - 16.13pm 12/08/2025 (20 minute delay) ? |
| QBE (ASX) Chart |