NAB share price ticks up after RBA rate hike as UBS turns bullish — what investors watch next
National Australia Bank shares closed up 0.2% at A$43.04 after the Reserve Bank of Australia raised its cash rate by 25 basis points to 3.85%. The S&P/ASX 200 finished 0.9% higher. The Australian dollar rose 0.8% to about 70.05 U.S. cents. NAB’s first-quarter trading update is due Feb. 18.