I think they will overshoot on the downside with more bad fiscal news linked to the sub-prime fiasco still in the offing.
I would steer clear of the finacials until the dust well and truly settles.
So ... more downside to come in that sector, I reckon.
Best to wait until it is clear that 'the worm has turned' rather than try to pick the bottom.
when will the banking stocks rise again, page-4
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Last
$38.05 |
Change
-0.530(1.37%) |
Mkt cap ! $117.5B | |||
| Open | High | Low | Value | Volume |
| $38.77 | $38.85 | $38.05 | $164.0M | 4.289M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9377 | $38.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.10 | 2016 | 2 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| NAB (ASX) Chart |