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Bank shares push ASX 200 towards all-time high

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The S&P/ASX 200 Index (ASX: XJO) has just enjoyed a week in the green, which has pushed the flagship index towards its pre-COVID all-time high. Although the ASX 200’s gain of 0.8% for the week wasn’t particularly impressive on its own, it did end up pushing the index to 7,080.8 points by the end of the week, less than 1% off its all-time high of 7,160 points.

Investors can largely thank the ASX bank shares for this rise. Three of the big four banks reported half-yearly earnings this week. Westpac Banking Corp (ASX: WBC), National Australia Bank Ltd (ASX: NAB), and Australia and New Zealand Banking Group Ltd (ASX: ANZ) all reported big…



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