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Myer was hit with a second class action on Friday morning.

Myer hit with another class action

Department store owner Myer Holdings has been hit with another class action from an aggrieved shareholder just weeks after a court found a separate class action against it was an abuse of the legal process. 

The United Kingdom's blue-chip FTSE 100 ended 0.2 per cent higher at 7120.26 points, a record closing high for a second ...

FTSE closes at record high

Britain's top share index posted its highest-ever close following a rally in precious metals miners on stronger gold prices.

The ASX 200 index closed within a whisker of 5700 points on the penultimate trading day of the year.

ASX clocks new 2016 high

Gains in resources and banks saw the ASX reverse early losses to hit a new high on 2016's second to last trading day.

Shares have retreated from their 2016 high, but remain on course to record a solid year.

ASX retreats from 2016 highs

Shares dipped in early trading as investors trim their holdings in the major banks and a host of listed trusts trade without the rights to their distributions.

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