The week in stocks

The major banks and the supermarkets took centre stage this week.

The ASX 200 spent another week edging up to to five-year highs, finishing the week 0.4 per cent higher. Soft economic news coming from the US saw markets cheer as the expectation is quantitative easing will continue in its current form for some time yet, and the Federal Reserve confirmed this after their two-day meeting.

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