Local market buffered by oil
GEOPOLITICAL uncertainty on global markets was again the dominant factor on Australia’s bourse, which edged inside positive territory on continued strength among oil and energy stocks. The local market oscillated in and out of positive territory yesterday but the benchmark S& P/ ASX200 index was nine points, or 0.19 per cent, higher at 4652.4 points by 1615 AEDT. The All Ordinaries index firmed 8.8 points, or 0.19 per cent, to 4746.5 points. On the ASX24, the June share price index futures contract was four points lower at 4,672 points.