Business
Here are the ASX bank shares rated as a buy today
The ASX banking sector has had a troubled year, as most ASX investors would be aware. Given the big four banks provide the foundation of the S&P/ASX 200 Index (ASX: XJO), with a weighting of close to 20%, their share price movements influence the broader market in a major way, like it or not.
That’s why we can thank the banks for a large part of the ASX 200’s stellar rise over the month of November. I discussed this earlier in the week, and we determined that National Australia Bank Ltd (ASX: NAB) was the standout performer, having appreciated more than 24% in value over November (although all four of the majors were up more than 10% over the month). November was reportedly the best month for ASX 200 shares since the 1980s, and…
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