Can someone explain to me the link between DSK and US interest rate fears?
I understand for tech stocks people want to get out as when interest rates go up, people are incentivised to put their money in bank savings accounts rather than in over-valued stocks (e.g. tech stocks)and also interest rates affect stock 'discount rate'.
But why is DSK dropping big %s off these fears (e.g. 5% drop today)?
Is DSK viewed by the instos as a riskier stock bet than some other categories of stocks?
Can someone explain to me the link between DSK and US interest...
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Last
89.0¢ |
Change
-0.030(3.26%) |
Mkt cap ! $57.28M | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 92.0¢ | 87.5¢ | $5.554K | 6.242K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30396 | 87.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 1152 | 1 |
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| Last trade - 10.26am 27/08/2024 (20 minute delay) ? |
| DSK (ASX) Chart |