National Australia Bank stock: NAB share price lifts into the weekend as rate-hike bets sharpen
NAB shares closed up 0.72% at A$43.37 Friday, defying a 0.7% drop in Australia’s benchmark index. Traders are focused on Tuesday’s Reserve Bank of Australia rate decision, with all major banks now predicting a quarter-point hike. About 5.17 million NAB shares changed hands. NAB’s first-quarter trading update is due Feb. 18.