29 November 2017
Weekly Insights From The FNArena News Desk 27/11/17
As the local share market remains poised to clock off on 2017 with double-digit percentage gains (all-in) for the second calendar year in a row, maybe it’s time for investors to zoom in on what has been happening underneath the surface of this unexpectedly robust bull market?
No doubt, this year’s shareholders in a2 Milk, Mineral Resources, WiseTech Global, et al cannot help but showcase a big smile connecting ear to ear, but most Australians also have a large exposure to banks, Telstra, Wesfarmers and other large cap companies and those have largely been laggards since the beginning of the year.
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