AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights:
- The S&P/ASX200 is up today, gaining 44.90 points or 0.68% to 6,647.10. 6 of 11 sectors are higher over the last week, despite the decline in the S&P/ASX 200 Index.
- Financial sector is quoted 1.09% up at 5,947.50 at 10:45 AM AEST today. The Australian big four banks were also spotted trading in the green territory.
The S&P/ASX200 index (INDEXASX:XJO) has opened marginally up and 6 out of 11 major sectors are buzzing in the green territory. The ASX 200 Financial sector (INDEXASX:XFJ) is one of the better performing sectors on the ASX today.
The S&P/ASX 200 Financial sector closed yesterday’s trading session 0.468% down to 5,885.8 after losing 27.7 points on the ASX.
Here, we will be looking into the respective performances of Australia’s big four banks- Australia and New Zealand Banking Group, Commonwealth Bank, National Australia Bank, and Westpac.
Australia and New Zealand Banking Group Limited (ASX:ANZ)
One of Australia's big four banks is Australia and New Zealand Banking Group Limited (ASX:ANZ). The shares of Australia and New Zealand Banking Group closed in the red territory yesterday. However, today, the shares opened marginally higher, 0.619% up at AU$22.730 apiece.
ANZ's share price dropped significantly by more than 18% on the ASX during last one year. However, last month saw the share price gaining 3.25% (as of 10:55 AM AEST, 12 July).
Commonwealth Bank of Australia (ASX:CBA)
The next bank on the list of Australian 'big four' is the Commonwealth Bank of Australia (ASX:CBA). Commonwealth Bank's shares closed in red yesterday, but they were spotted trading 0.97% higher at AU$93.18 per share at 10:59 AM AEST today.
Commonwealth Bank's share price witnessed extreme volatility in last one year and marked a loss of 5.77% on the ASX. Meanwhile, Commonwealth Bank's YTD-based share price also marked a loss of around 9% on the ASX as of today (11:00 AM AEST, 12 July).
Image source: © Cammeraydave | Megapixl.com
National Australia Bank Limited (ASX:NAB)
Another notable bank from the list of Australia's 'big four' is the National Australia Bank Limited (ASX:NAB). National Australia Bank's shares also opened up strong and were quoted at AU$28.01 per share, up 0.90% at 11:01 AM AEST. The shares had closed in the red territory yesterday.
National Australia Bank's shares also remained volatile during last year. NAB's share price gained more than 6% in last one year and has shed off 4.73% on Y-T-D basis. In last one month, the stock has gained 4.36%.
Westpac Banking Corporation (ASX:WBC)
The last bank on the list of Australian 'big four' is Westpac Banking Corporation (ASX:WBC). Just like the other big four banks, Westpac also opened up today after incurring losses yesterday. WBC shares were quoted at AU$20.01 apiece, up 0.35% at 11:14 AM AEST.
Westpac shares have shed more than 21% in last one year and have lost more than 7.66% on Y-T-D basis.
