Although stocks pared their gains late in the week, the ASX largely had a positive week, buoyed by results from earnings season. The Big Four' were an influential force on that front, while iron ore and travel stocks also lent some support for the local market.

Which shares excelled?

Travel stocks were on the front foot this week, leading the charge among the top-performers. The sector gained ground on news that Australia borders will reopen to international tourism from February 21, paving the way for a number of companies to benefit. The biggest movers from this corner of the market were Webjet (ASX: WEB), Flight Centre (ASX: FLT) and Corporate Travel Management (ASX: CTD), which all rallied to their highest levels in nearly three months.Elsewhere, luxury fashion retailer Cettire (ASX: CTT) put last week woes behind it, storming higher over recent trading sessions to effectively erase its post-earnings drop. The company announced on Monday that it will launch operations in China through a partnership with JD.com, in turn opening up an enormous new market valued potentially in excess of $150 billion.Seven West Media (ASX: SWM) hit a 52-week high and was also among the week best-performing stocks. It comes as investment bank UBS recently gave a glowing endorsement to the traditional media sector, slapping a buy rating on the company shares. It cited the strength of the combined TV ad market, as well as the deal struck with tech giants Alphabet and Facebook, which will generate earnings for media firms like Seven West.Lithium stocks were also back in favour this week, at least in the case of AVZ Minerals (ASX: AVZ), Firefinch (ASX: FFX) and Core Lithium (ASX: CXO). Not only the frontrunner of the pack this week, but AVZ Minerals also announced that it will invest another $25 million in its Manono Lithium and Tin Project to advance its drilling program in an effort to boost the previously-reported JORC mineral resource at the site.Shares in Dicker Data (ASX: DDR) managed to steam ahead this week after the company declared a record dividend. A leading hardware distributor, the company will reward shareholders with a fully-franked dividend of 15 cents per share. DDR is one of only a few ASX-listed companies that pays a quarterly dividend instead of every six months.Rounding out the best of the rest, AMP (ASX: AMP), Computershare (ASX: CPU) and Graincorp (ASX: GNC) all had a good week after beating earnings expectations, while other winners included Viva Energy Group (ASX: VEA), Australian Strategic Materials (ASX: ASM), and Insurance Australia Group (ASX: IAG).

Which shares dragged on the market?

Having reached a multi-year high in mid-January, Syrah Resources (ASX: SYR) has now recorded its fourth weekly loss in a row. The graphite and lithium miner slumped as much as 11% at one stage during the trading session on Wednesday after it previously went into a trading halt to conduct a capital raise, including $125 million via placement, $67 million via institutional entitlement offer, and up to $58 million via a retail entitlement offer opening next week.Furniture retailer Nick Scali (ASX: NCK) saw its share price drop sharply lower this week, despite the fact no news came out of the company over recent trading sessions. With that said, the latest industry data on household spending intentions suggests consumer sentiment has taken a beating, and investors may be readjusting their expectations for the company in light of that trend.Shares in Nanosonics (ASX: NAN) tumbled on Tuesday after the manufacturer and distributor of ultrasound probe disinfectors announced its sales agreement with GE Healthcare in North America is ending. The company has made the decision to adjust its sales model, bringing in house a number of operations spanning inventory, shipping, installation and training of its trophon product. The stock did manage to pare its losses as the week went on.On the reporting front, shares in Mineral Resources (ASX: MIN) and Cimic Group (ASX: CIM) both came unstuck as each company earnings report fell short of investors' expectations. The falling iron ore market hit Mineral Resources in the second-half of last year, forcing it to scrap its dividend, while Cimic also slashed its dividend as it saw statutory profit drop more than a third from a year ago. Appen (ASX: APX) shares hit a 52-week low this week, and the tech stock ended the week on a sour note. While the stock hasn't seen any price-sensitive news for over a week now, it is among the more vulnerable tech names that often falls in line with the Nasdaq, and last night poor showing from US tech stocks may have weighed on local tech sentiment. And last but not least, Judo Capital (ASX: JDO) and Pexa Group (ASX: PXA) make up the rest of this week underperformers, with the former continuing its downtrend since last year IPO and now sitting near an all-time low.

We'll be back next week with another Weekly ASX Trading Wrap Up - until then, have a great week!