Su Oh of Australia plays on the sixth hole during the first round of the CME Group Tour Championship at Tiburon Golf Club in Naples, Florida. Sam Greenwood/Getty Images

Australian stocks closed the session marginally higher, keeping most of the gains of last week.

Today’s scoreboard:

  • S&P ASX 200: 5,359.40 +20.86 +0.39%
  • All Ordinaries: 5,427.50 +18.57 +0.34%
  • AUD/USD: 0.7394 -0.0013 -0.18%

The local market added a little weight for the second session in a row.

And the ASX200 fell just 0.2% over the week, holding on to most of the 3.7% rise of last week.

Today the major banks were just in positive territory, with the NAB up 0.4% to $28.47 and the ANZ just 02.% to $27.98.

Telstra helped keep the market above water, closing at $4.93, up 1.8%.

Funds manager Platinum Assets was down 3% to $5.20 after a broker downgrade.

The top stories:

1. Myer’s prospects are suddenly a bit better. The troubled retailer says it expects a return to profit growth this financial year. Its shares added 14% to close at $1.19.

2. Weak sales and a flat profit forecast for Kathmandu. The adventure clothing retailer says a stronger dollar is dragging down revenue. Its shares dropped almost 3.4% to close at $1.71.

3. The lessons from the fatal Samarco dam failure. BHP is creating a new global tailings dam standard.

4. Ruslan Koagn sees better days ahead. Pure play online retailer has increased its earnings forecasts after reporting better than expected sales. Its shares rose 2% to $1.48.

5. A $19.5 billion loan to finish the NBN. The Turnbull government is funding the rest of the high speed internet network rollout.

6. Australian targets in a new Islamic State video. A Qantas passenger jet, Melbourne Airport and St Paul’s Cathedral are listed in a new propaganda video.

7. A man sets fire to a Commonwealth Bank branch. Twenty-one people, including two children, were injured.

8. The 10 best new restaurants in Sydney. A tough choice but here Business Insider’s top 10 for 2016.

9. Amazon Prime Video has arrived in Australia. The cut-throat streaming entertainment market in Australia has just seen a giant multinational competitor barge in.

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