Banking and Insurance—Financial Magnates
Banking and insurance are two major branches of the financial industry, often mirroring the larger economic climate. In economic upswings, banks typically benefit from increased lending. Similarly, insurance companies tend to grow as individuals and companies look for protection against an increasing array of risks. During economic downturns, both banking and insurance often show resilience due to the enduring need for their services. Investing in banking and insurance stocks can help keep a portfolio stable during market fluctuations.
- 1351.738
- -2.624-0.19%
20min DelayNot Open Mar 11 16:00 AET
1358.667High1332.256Low
1343.662Open1354.362Pre Close35.12MVolume3Rise18.00P/E (Static)1.14BTurnover--Flatline0.22%Turnover Ratio612.10BMarket Cap4Fall607.74BFloat Cap
The daily chart tells the story:
BHP AU - Daily
The trading day marked by the purple rectangle is last Thursday 6 March. BHP tra...
Top losers: $Audinate Group Ltd (AD8.AU)$, $Capricorn Metals Ltd (CMM.AU)$ and $REA Group Ltd (REA.AU)$
Market summary
The $S&P/ASX 200 (.XJO.AU)$ fell steeply lower by 1.8 per cent, or 146.5 points, closing at 7948.2. This marked its second-largest weekly decline of the year. The stock market plunged...
• US stocks tumble as tariff concerns persist despite limited exemptions.
• Australian shares fall, mirroring US losses, with tech and bank stocks leading declines across all sectors.
• Stocks to watch: IFL, SPR, etc.
Wall Street Summary
Stocks tumbled Thursday amid persistent tariff concerns. The $Nasdaq Composite Index (.IXIC.US)$ closed down 2.61% a...
The first test of the downside is the support/resistance level at 8060. This is the level the market bounced off in November and December, and may act as support again. However a fall through 8060 could herald a deeper correction for Aus...
• US stocks fall on trade war fears as tariff tensions escalate.
• Australian shares slips; consumer staples, banks down, miners up slightly.
• Stocks to watch: DTL, RIO, etc.
Wall Street Summary
U.S. stocks closed lower Tuesday, partially recovering from steeper intraday losses. The downturn was triggered by President Trump's tariffs against Canada ...
Top losers: $Mineral Resources Ltd (MIN.AU)$ $Boss Energy Ltd (BOE.AU)$ and $Contact Energy Ltd (CEN.AU)$
The $S&P/ASX 200 (.XJO.AU)$ index closed lower, down 0.58 per cent, or 47.6 points, to 8198.10. The market initially slipped more than 1 per cent early in the session befor...
• Australian markets: Could erase 2025's gain. Bank stocks stage recovery after falling about 10%. Reporting season companies like Helia shine.
• Stocks to watch: Nvidia, Westpac, Helia, Bapcor. Ahead Crowdstrike, Marvell, Broadcom, Costco.
US stocks took a h...
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