
In 2023, is it time to consider the Westpac Banking Corp (ASX:WBC) share price?
The Westpac Banking Corp (ASX: WBC) share price is lower 7% since the start of the year. Is the WBC share price undervalued?
The All Ordinaries (INDEXASX: AXAO) (INDEXASX: XAO) is one of two popular Australian stock market indices. The All Ords tracks the performance of 500 of the largest shares on the ASX, as measured by market capitalisation. It was established in January 1980. That compares to the ASX 200 (ASX: XJO) which tracks just 200 companies.
Important point: the All Ords & ASX 200 are skewed to the largest shares on the market (e.g. the banking and resources sectors), given the focus on market capitalisation, so it’s important to consider how well its long-term performance actually reflects your portfolio’s return.
This chart shows performance of the index and S&P/ASX 200 Net Total Return (INDEXASX: XNT), which includes the impact of dividends being reinvested. The three most popular indices for Australian shares are the All Ordinaries (INDEXASX: XAO), S&P/ASX 200 Net Total Return (INDEXASX: XNT), and S&P/ASX 200 (INDEXASX: XJO).

The Westpac Banking Corp (ASX: WBC) share price is lower 7% since the start of the year. Is the WBC share price undervalued?

Both local benchmarks, including the S&P/ASX200 (INDEXASX: XJO) fell 1.2% on Thursday, as pressure continues to build from poor global economic data.

The local share market weakened again on Wednesday, with the All Ordinaries (INDEXASX: XAO) down 0.7% and the S&P/ASX 200 (ASX: XJO) falling 0.8% as seven sectors fell by more than 1%.

The Australian share market closed broadly flat on Tuesday, with both the S&P/ASX200 (ASX: XJO) and All Ordinaries (ASX: XAO) falling 5 and 9 points, respectively.

The local sharemarket started the week strongly, with the All Ordinaries (INDEXASX: XAO) managing a 0.5% gain, and the S&P/ASX200 (INDEXASX: XJO) up 0.6%.

All Ordinaries (INDEXASX: XAO) and S&P/ASX200 (INDEXASX: XJO) fell 0.4% on Friday, but still managed to deliver a 2.3% gain for the week. The Fortescue Metals Group Ltd (ASX:FMG) share price is getting punished.

The ANZ Banking Group (ASX: ANZ) share price is up 9% since the start of the year. Is the ANZ share price undervalued?

The S&P/ASX 200 (INDEXASX: XJO) ended mostly flat on Friday. Here’s some of the key points you missed from ASX 200 trading this week.

A post-result bounce in the Commonwealth Bank of Australia (ASX: CBA) share price helped lift the Australian share market on Wednesday.

The Westpac Banking Corp (ASX: WBC) share price is lower 7% since the start of the year. Is the WBC share price undervalued?

Both local benchmarks, including the S&P/ASX200 (INDEXASX: XJO) fell 1.2% on Thursday, as pressure continues to build from poor global economic data.

The local share market weakened again on Wednesday, with the All Ordinaries (INDEXASX: XAO) down 0.7% and the S&P/ASX 200 (ASX: XJO) falling 0.8% as seven sectors fell by more than 1%.

The Australian share market closed broadly flat on Tuesday, with both the S&P/ASX200 (ASX: XJO) and All Ordinaries (ASX: XAO) falling 5 and 9 points, respectively.

The local sharemarket started the week strongly, with the All Ordinaries (INDEXASX: XAO) managing a 0.5% gain, and the S&P/ASX200 (INDEXASX: XJO) up 0.6%.

All Ordinaries (INDEXASX: XAO) and S&P/ASX200 (INDEXASX: XJO) fell 0.4% on Friday, but still managed to deliver a 2.3% gain for the week. The Fortescue Metals Group Ltd (ASX:FMG) share price is getting punished.

The ANZ Banking Group (ASX: ANZ) share price is up 9% since the start of the year. Is the ANZ share price undervalued?

The S&P/ASX 200 (INDEXASX: XJO) ended mostly flat on Friday. Here’s some of the key points you missed from ASX 200 trading this week.

A post-result bounce in the Commonwealth Bank of Australia (ASX: CBA) share price helped lift the Australian share market on Wednesday.




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