Trading thin but stocks up again

THE sharemarket continued its cautious climb higher, closing with a small gain on thin trading volumes.

'Consolidation pattern' shows oil still in wait-and-see mode

OIL prices are waiting for a signal from markets and oil producers to move out of a six-month trading range, but are unlikely to return to the historical highs experienced in mid-2008, according to Mark Umansky, this week's technical analyst.

Sitting in traffic to cost city $6bn by 2020

THE cost of bumper-to-bumper traffic in Melbourne is set to double by 2020, with gridlock sapping $20.4 billion from the national economy by then if action isn't taken.