QAN 1.46% $6.75 qantas airways limited

flying high or crashing?

  1. 465 Posts.
    Anybody have any view on QAN...?

    Looks like it may fly higher after the airlines in the states had big gains.

    Airline Shares

    AMR Corp. rose 61 cents to $6.95. Airline shares will continue to outperform the market as revenue improves and business travel picks up, said Goldman, Sachs & Co analyst Glenn Engel. He raised AMR to ``outperform'' from ``in-line.''

    Continental Airlines Inc. gained $1.39 to $12.41, while Delta Air Lines Inc. advanced 49 cents $13.85.

    The S&P 500 has jumped 21 percent since March 11, making this advance comparable to the four rallies that have occurred since the bear market began in March 2000.

    In last October's rally, the index rose 21 percent in 36 days. Before that, it advanced 21 percent in 23 days from mid-July to mid-August. In late 2001, the S&P 500 climbed 21 percent over 54 days from September to December. And from early April to late May of 2001, the benchmark rose 19 percent over 33 days.

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Mkt cap ! $10.21B
Open High Low Value Volume
$6.80 $6.84 $6.72 $20.24M 2.994M

Buyers (Bids)

No. Vol. Price($)
27 47317 $6.75

Sellers (Offers)

Price($) Vol. No.
$6.76 6915 8
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Last trade - 11.50am 15/11/2019 (20 minute delay) ?
-0.100 ( 1.15 %)
Open High Low Volume
$6.83 $6.84 $6.72 408504
Last updated 12.09pm 15/11/2019 (live) ?
QAN (ASX) Chart
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