ANZ
The stock price for  Australia and New Zealand Banking Group Limited Has increased from $28 on wedensday 29th of Februar to 28.6  the increase may have come due to y That the underlying profit for the last three months 351million up 17% on the corresponding period last year.Statutory profit for the three months was $415 million, with the difference mainly due to fair value gains on derivatives.ANZ New Zealand Chief Executive Officer David Hisco said: “This is another good performance. We are continuing to strengthen the bank by focusing on our customers, simplifying the business and tightly managing costs. While economic growth in New Zealand remains subdued, our sound financial position means we are well placed to keep delivering to customers while supporting businesses and the economic recovery.Based on their increasing profits i expect the stock prices to slowly increase in the next 6-12 months