Chanticleer
Frothy market’s two biggest winners make up for all the year’s losers
On a day when the market hits another record high, it’s worth thinking about which stocks are driving it. Two have done this year’s heavy lifting.
Just two stocks’ gains can cover the losses from all 88 losers in the S&P/ASX 200 this year.
If you’re looking for a reason why the ASX 200 is recording fresh highs every other day, it is these two stocks and their mates.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
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