At the most basic level ... Increased rates = larger spread between interest paid and interest earned = more profit for banks = increased dividend to shareholders = higher share price.
But you know, world war 3, Europe, British dollar, housing market, who knows what will actually happen.
At the most basic level ... Increased rates = larger spread...
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Last
$32.10 |
Change
-0.200(0.62%) |
Mkt cap ! $110.7B | |||
| Open | High | Low | Value | Volume |
| $32.37 | $32.44 | $31.87 | $150.8M | 4.698M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1365 | $32.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.11 | 15284 | 1 |
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| WBC (ASX) Chart |