|Bid||55.08 x 900|
|Ask||55.09 x 800|
|Day's range||55.03 - 56.05|
|52-week range||46.92 - 71.52|
|Beta (5Y monthly)||0.83|
|PE ratio (TTM)||10.84|
|Forward dividend & yield||3.40 (6.18%)|
|Ex-dividend date||07 Sept 2023|
|1y target est||66.19|
On Tuesday, the Australian Securities Exchange (ASX) witnessed a decrease in its local shares by nearly half a percent, continuing an overall downward trend. This downturn coincided with the release of the Reserve Bank of Australia's (RBA) September minutes, which revealed that board members had chosen to maintain steady rates due to significant increases in interest rates over a short duration.
The Australian Securities Exchange (ASX) experienced a broad decline on Tuesday, with the energy sector being the only one to close higher. Local shares fell by almost half a percent as gains in energy were offset by losses across other sectors. The Reserve Bank of Australia's (RBA) September minutes, released on the same day, revealed that board members decided to hold rates steady at the September meeting due to significant increases in interest rates over a short period.
The Australian shares were set to open lower today, while the U.S. stocks remained largely unchanged with a heightened focus on the outlook for interest rates. ASX futures dipped by 21 points or 0.3% to 7214 around 7 am AEST. On Wall Street, the Dow Jones Industrial Average, S&P 500, and Nasdaq saw minor changes of +0.02%, +0.07%, and +0.01% respectively.