THE AUSTRALIAN SHAREMARKET MANAGED HIT A FIVE YEAR HIGH - WITH ENERGY STOCKS IN THE LEAD

BY THE CLOSE THE ALL ORDS WAS A THIRD OF A PER CENT

THE ASX 200 IS A THIRD OF A PER CENT HIGHER

LEIGHTON HOLDINGS HAS JUMPED MORE THAN THREE PER CENT - AND IS AMONG THE BEST PERFORMERS

AS WAS OIL AND GAS CONSTRUCTION COMPANY - WORLEY PARSONS

NEWCREST IS AMONG THE WEAKER STOCKS OFF OVER THREE PER CENT

AS WAS NEWS CORP

THE BANKS ARE LOWER  - NAB'S OFF HALF A PER CENT

ACROSS THE REGION - IT'S A MIXED SESSION

JAPANS NIKK-AY LOST A QUARTER OF A PER CENT

THE AUSTRALIAN DOLLAR  IS RISING AGAINST THE GREENBACK AT 93

U-S AUTHORITIES HAVE THANKED THE A-TRIPLE-C FOR ITS PART IN BREAKING UP THE CARTEL.... WHICH IT SAYS HAS COST US CONSUMERS 50 BILLION DOLLARS.

THE A-TRIPLE-C HAS LAUNCHED PROCEEDINGS IN AUSTRALIA AGAINST JAPANESE SUBSIDIARY YAZAKI -  WHICH IT ALLEGES INCREASED THE PRICE OF TOYOTA PARTS....AND SEVERAL OTHER COMPANIES ARE UNDER INVESTIGATION.

THE AUSTRALIAN COMPETITION WATCHDOG SAYS A GLOBAL AUTO-PARTS PRICE-FIXING CARTEL HAS DRIVEN UP THE COST OF CARS LOCALLY.

 

Advertisement