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Economics

Market Wrap

The Australian share market is trading higher, highlighted by a 20 per cent-plus surge in the shares of takeover target David Jones.

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Read more: David Jones,  Michael Heffernan,  Economics,  AEST,  ANZ,  BHP Billiton,  Commonwealth Bank,  Engineering group WorleyParsons,  Fortescue Metals,  Harvey Norman,  International Monetary Fund,  Market Wrap,  Mr Heffernan,  Myer,  National Australia Bank,  Rio Tinto,  South Africa,  US markets,  Westpac,  Woolworths