The sharemarket closed up today on the back of gains in the banking sector and the major restructure at Boral.
The building products manufacturer rose 44 cents after announcing those plans to shed 700 jobs.
Shares in Namoi Cotton jumped a staggering 25 per cent, after it agreed to a partnership with a global commodities company worth more than $34-million.
Mining stocks didn’t fare so well, finishing the day lower.
BHP Billiton slipped 28 cents, while Fortescue lost 7 after walking away from a deal to invest in a small gas company in WA.
And the dollar finished the day stronger against most of the major currencies.
It’s buying a little over 105 US cents.
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