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1.Market Observations

14 Apr 2017 (AFR) – ASX tumbles on iron ore falls

(14 April 2017, AFR online, by Myriam Robin)

‘Plunging iron ore prices and a renewed focus on geopolitical tensions sent the ASX lower on Thursday, erasing around half the gains made earlier in the week.  The benchmark S&P/ASX200 fell 0.7 per cent to 5889.9 in broad-based losses, while the broader All Ordinaries index was 0.7 per cent lower to 5925.9. That drove the ASX to a small weekly gain, with the ASX200 up 0.5 per cent.’

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