NAB share price drops as ASX banks slide again — what to watch before Thursday’s open

Shares of National Australia Bank Limited climbed 1.85% to close at A$42.39 on Tuesday, marking their second consecutive day of gains and outperforming the wider market.

Shares of National Australia Bank Ltd climbed on Monday following data that revealed Australian households continued spending through November, fueling speculation about interest rate moves. The stock finished up 1.46% at A$41.62, swinging between A$40.89 and A$41.87 during the session.

National Australia Bank Ltd shares slipped to A$41.02 on Friday, down 0.2%, as Australia’s major banks all closed lower and the broader market barely budged. The S&P/ASX 200 dipped 0.03%, with ANZ down 0.6%, Westpac off 0.3%, and Commonwealth Bank edging down 0.1%. “There’s no clear directional bias” ahead of key U.S. jobs data, said Capital.com analyst Kyle Rodda. Meanwhile, AMP’s deputy chief economist Diana Mousina pointed to legal risks tied to U.S. tariffs as a near-term factor causing market swings.

National Australia Bank Ltd shares fell 3.0% on Tuesday, closing at A$41.28 and snapping a quiet start to the new year for Australia’s lenders. StockAnalysis