National Australia Bank Ltd. (ASX:NAB)

Banks

National Australia Bank Ltd. (ASX: NAB) is one of the four largest financial institutions in Australia in terms of market capitalisation, profits and customers. However, in 2020, it was Australia’s largest lender to businesses and has operations in wealth management and residential lending. It also operates the online-only Ubank. 

National Australia Bank Ltd. (ASX:NAB) share price

National Australia Bank Ltd. (ASX:NAB) share price news

ASX Bank Shares
James Dunn

Uncharted territory for the Australian market

The benchmark S&P/ASX 200 (INDEXASX: XJO) closed up 80.5 points, or 1.1 per cent, to 7,680.7 – 51.8 points, or 0.7 per cent, above the previous closing record of 7,628.9 points, which was reached in August 2021. The broader All Ordinaries (INDEXASX: XAO) index added 77.8 points, or 1 per cent, to 7,912.8.

ASX Bank Shares
James Dunn

7-Up for S&P/ASX 200 (INDEXASX:XJO)

The benchmark S&P/ASX 200 (INDEXASX: XJO) index added 21.8 points, or 0.3 per cent, to 7600.2 at the closing bell, with seven out of the 11 sectors finishing in the green. The All Ordinaries (INDEXASX: XAO) edged up 0.3 per cent.

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