Friday, 1 March 2019

ASX at 5-month high

Above 6,200

A worthwhile consideration for market timers.

The big resources companies have enjoyed a very strong run on commodity prices strength.

The major banks, meanwhile, took a reputational battering through the Royal Commission hearings, but have recovered much of their lost ground since October last year.


The S&P/ASX 200 is presently trading above 6,200, having dipped all the way below 5,500 in the lead-up to Xmas.