You are viewing:-
you're reading...
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 AFR.com (might need AFR login access, or try: AFR.com/trial)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: