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Bank rally fades in topsy-turvy week for ASX

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Bank stocks lost steam on Friday as investors booked profits after two days of strong gains, weighing on the overall market.

The S&P/ASX 200 index ended the session down 0.7 per cent at 5722.8, for a weekly loss of 0.7 per cent.

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Jens Meyer is the markets and breaking news editor, based in Sydney. Connect with Jens on Twitter.
Patrick Commins reports and comments on trends and news in domestic and global investment markets. Connect with Patrick on Twitter. Email Patrick at p.commins@afr.com

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    Original URL: https://www.afr.com/markets/equity-markets/bank-rally-fades-in-topsyturvy-week-for-asx-20170721-gxg05i