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1.Market Observations

29 Oct 2016 (AFR) – ASX suffers worst week since June – Investors dump yield stocks in torrid week for ASX

(29 October 2016, AFR, p27, by Jessica Sier)

‘Investors dumped high-yield defensive stocks this week and punished a spate of companies that delivered disappointing earnings updates, delivering the sharemarket its largest weekly drop since June. Consumer staples and healthcare stocks weighed the heaviest, with materials the lone bright spot, as commodity prices continued to firm.’

Read more at (might need AFR login access, or try:

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