STTCOMP GMA FA LONG
GENWORTH MORTGAGE INSURANCE AUSTRALIA
Market Cap 1104 MIllion.
Share Buyback in play
Catalysts: LIberal Government, Falling interest rates, and most importantly, APRA are going to reduce the buffer banks must use when assessing repayment risks. This will free up lending and a return to home price growth. This will reduce default rates, grow new mortgages, increase refinancing and total loan sizes.
Will be a plus for Mortgage Insurers.
Disclosure not held.
STTCOMP GMA FA LONGGENWORTH MORTGAGE INSURANCE AUSTRALIAMarket...
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Last
7,902.4 |
Change
53.000(0.68%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,849.4 | 7,907.0 | 7,849.4 |
| XAO (ASX) Chart |