I tend to agree with Coppleson - the banks typically trend upwards in March but if you look at WBC (and NAB) compared to say CBA, they have performed terribly this month. When CBA rose about 3% between 7 March and 9 March for example, WBC rose less than that and then subsequently fell even more than CBA over the next few days to today. So why is CBA which gives a crap dividend yield of 5.7% getting off better than WBC (which is at 6.3%)? CBA arguably has the worse reputation so the royal commission explanation having an effect on the bank share prices is bullcrap imo. In fact WBC is testing 52 week lows yesterday and close to it AGAIN today - the short interest on WBC is 1.51% compared to CBA's 1.35% - you can see some person (most likely investment bankers etc) are clearly trying trying to push WBC down. Every time CBA moves up this month, WBC does half of that - its ridiculous. WBC has an upcoming dividend in May as does NAB yet CBA, with the lowest yield and no upcoming dividend for awhile is the best performing bank stock....hmmmmmmmm very strange indeed
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Last
$27.89 |
Change
0.770(2.84%) |
Mkt cap ! $96.86B |
Open | High | Low | Value | Volume |
$27.23 | $27.89 | $27.10 | $365.8M | 13.27M |
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1 | 8530 | $27.88 |
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Price($) | Vol. | No. |
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$27.90 | 121257 | 25 |
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No. | Vol. | Price($) |
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1 | 420 | 27.850 |
2 | 2000 | 27.800 |
2 | 3899 | 27.780 |
1 | 500 | 27.770 |
1 | 7000 | 27.760 |
Price($) | Vol. | No. |
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27.900 | 93911 | 23 |
27.910 | 10112 | 2 |
27.920 | 770 | 2 |
27.930 | 21600 | 3 |
27.940 | 36934 | 3 |
Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$27.80 |
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Change
0.770 ( 2.43 %) |
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Open | High | Low | Volume | ||
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Last updated 15.59pm 07/05/2024 ? |
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