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NAB share price falls 1.3% as oil shock and RBA risk hit National Australia Bank stock
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NAB share price falls 1.3% as oil shock and RBA risk hit National Australia Bank stock
National Australia Bank shares fell 1.29% to A$46.62 Thursday as Brent crude briefly topped $119 and investors sold off risk assets. The Reserve Bank of Australia raised its cash rate to 4.10% this week, and NAB will lift variable home-loan rates by 25 basis points from March 27. Employment rose in February, but the jobless rate edged up to 4.3%. The post NAB share price falls 1.3% as oil shock and RBA risk hit National Australia Bank stock appe…
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