While miners led the corporate reporting season, which is currently underway in Australia, what can we expect across the broader market?
market wrap
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This week the ASX 200 rose strongly reaching its highest level since December 2007 and just a few per cent away from achieving the elusive new all-time high.
The market rose more than 2% on Monday following the surprising election result, as short-sellers scrambled to cover positions, with banks some of the big winners.
Lendlease rose 10.6% on whispers of a potential takeover by a major Japanese company, while the US-China trade war escalation has seen Evolution Mining shares rise more than 9% in the past week.
