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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.

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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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