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1.Market Observations

18 Feb 2017 (AFR) – Miners and banks spur second week of ASX gains

(18 February 2017, AFR, p27, by Myriam Robin and Jessica Sier)

ASX 2-week performance‘The ASX finished the week solidly higher, as mining companies and the big banks helped keep it in the black despite some major stocks disappointing during a busy week of earnings.’ <snipped…>

‘The week’s biggest gainers were almost all exposed to mining amid growing confidence that the incredible resources rally of 2016 has legs. The price of iron ore pushed firmly higher during the week to breach $US90/tonne and 2½-year highs.’

Read more (and see the relevant charts and statistics) at (might need AFR login access, or try:


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