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1.Market Observations, 2.share trading

21 Jan 2017 (AFR) – ASX falls in second week of corrections

(21 Janaury 2017, AFR, p31, by Myriam Robin and Jens Meyer)

‘The Australian sharemarket lost the last of its 2017 gains this week, as global markets digested the increasing-certainty of a ‘hard Brexit‘ and lost more of the exuberance that greeted the election of Donald Trump last year. The benchmark S&P/ASX200 lost 0.7 per cent to 5654.8 on Friday, and 1.2 per cent over the week, following cues from Wall Street and other regional markets which also ended the week lower. A second straight week of losses meant the index is also in the red for the year, down 0.2 per cent.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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