The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) was eventful this week. Here are four big stories that affected the index:
Royal Commission starts up again
The Hayne inquiry has started again this week, with bank CEOs facing the spotlight and offering their apologies for their banks' misdeeds.
So far, we have heard from Commonwealth Bank of Australia (ASX: CBA) CEO Matt Comyn, Westpac Banking Corp (ASX: WBC) CEO Brian Hartzer and Macquarie Group Ltd (ASX: MQG) CEO Nicholas Moore.
AGM season continues
ASX businesses continue to hold their AGMs and inform investors how their company is going in FY19.
It wasn't pretty viewing for shareholders of car dealer Automotive Holdings Group Ltd (ASX: AHG) which reported that profit had fallen by 45%.
A new ASX share hits the boards
After months of build-up, Wesfarmers Ltd (ASX: WES) and Coles Group Limited (ASX: COL) are now finally separate businesses.
One broker believes that Coles is the better buy compared to Wesfarmers.
China gives some hope
The China-focused shares of Bellamy's Australia Ltd (ASX: BAL), Blackmores Limited (ASX: BKL) and A2 Milk Company Ltd (ASX: A2M) got a boost this week after it was reported that Chinese officials had changed their mind and would only refine existing laws.
