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News tariff worries cap gains: Aus shares close flat on Friday

06 Apr 2018 – Market Wrap Report: Fresh tariff worries cap gains on Friday but ASX200 gains 0.5 per cent over 5 trading days. CBA (ASX:CBA) increased its majority shareholding in agribusiness supplier Elders (ASX:ELD) to 5.06 per cent. Rio Tinto (ASX:RIO) has announced an interim dividend of US180 cents per share for the full year ending 31 December 2017. Austal (ASX:ASB) has been awarded a US$10 million US Navy contract for service work on a Littoral Combat Ship. Plus news on Wattle Health (ASX:WHA) JV getting closer and Woolworths (ASX:WOW) shares bounce.

Source: Finance News Network

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