I think there's been a bit of positioning against CSL lately due to Brexit fears. A fair chunk of its revenue comes from UK/Europe. IMO that explains the drop beyond the broader market. Other companies with UK/Europe earnings have been impacted similarly.
We are starting to see that trade unwind now though. Healthy bounce today along with the broader market. Brexit fears waning.
I think there's been a bit of positioning against CSL lately due...
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Last
$300.73 |
Change
-4.940(1.62%) |
Mkt cap ! $146.1B | |||
| Open | High | Low | Value | Volume |
| $301.50 | $305.00 | $300.24 | $58.03M | 192.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 63 | $300.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $300.73 | 15 | 3 |
View Market Depth
| Last trade - 11.54am 05/08/2024 (20 minute delay) ? |
| CSL (ASX) Chart |