Disclaimer: All information on this section is of a general nature.
Before making any investment decision, you should consult your adviser.
Investment Ideas: Australia’s Big 4 Banks: looking fully valued
Australia’s banking sector has long been seen as the benchmark for the ASX comprising the largest 4
companies on the ASX200, and accounting for 26% of the total index. Whilst the Big 4 Banks have been in
an uptrend since September 2016, the recent trend looks to have been exhausted in early January.
Technical indicators, using momentum measured by RSI, suggests the stocks have moved into overbought
territory.
companies on the ASX200, and accounting for 26% of the total index. Whilst the Big 4 Banks have been in
an uptrend since September 2016, the recent trend looks to have been exhausted in early January.
Technical indicators, using momentum measured by RSI, suggests the stocks have moved into overbought
territory.