What’s Going On At Australia’s Big Four Banks?

Описание: The S&P/ASX 200 Financials, which has Australian banks as its constituents, has rallied heavily in the past one year.

Let us shed some light on what has been happening with Australia’s Big 4 banks:

Commonwealth Bank of Australia (ASX:CBA): The bank is the most valued company on the Australian Stock Exchange. The shares of the bank surged 35.54% in the post-pandemic rally and peaked to a value of AU$105.91 on 17 June 2021.

Westpac Banking Corporation (ASX:WBC): Australia’s second largest bank had outperformed its larger peer for the past one year, rallying 40.10%. However, in the past month, it has underperformed CBA, having tumbled 5.12%.

Australia and New Zealand Banking Group Ltd (ASX:ANZ): Shares of this bank had doubled on a yearly basis – but that was until a month back. ANZ shares are now showing a 52-week return of 47.96% as on date.

National Australia Bank Ltd (ASX:NAB): Shares of this bank have rallied 43.73% on a 52-week basis, despite correcting by 2.02% in the last one month. This is despite the fact that the biggest positive news from Australia’s banking space, in the past month has come from this bank.

#australiabankstocks #westpacbankingcorporation #nationalaustraliabankltd #commonwealthbankofaustralia #kalkinemedia

To get more updates about Australia, NZ, UK, Canada and US stock market news, investors education & insights, subscribe our channel at https://bit.ly/3cHKioy

Check out our media Website 👉 https://kalkinemedia.com/au
Follow us and stay updated on the Go with the Market Charter 👇👇
Facebook -   / kalkineau  
Twitter -   / kalkineau  
LinkedIn -   / 4829818