Business

Vanessa Desloires

Vanessa Desloires writes on markets from our Melbourne newsroom.

The ASX posted a strong gain for the week.

ASX climbs to 3-month high

The sharemarket burst through 5500 to a three-month high, as commodities spearheaded a solid week of gains.

Trading volumes were low ahead of the Thanksgiving Holiday in the US.

ASX takes time for Thanksgiving

Shares took a breather after two strong sessions, with the 5500 level proving a bridge too far amid a day of low trading volumes.

The ASX has clocked two days of losses following last week's extraordinary post-US election rally.

Miners drag ASX lower

The sharemarket fell for a second day as some of the heat came out of the big mining stocks.