Market settling, finishes up

The sharemarket closed firmly in the black following a strong lead from Europe.
The ASX 200 index closed 60.7 points higher, or 1.1 per cent, at 5,619.1, hardly enough to jubilate over but heading up at least.
The broader All Ordinaries index was 54.6 higher at 5,688.6.
The mood spread to the Sydney Futures Exchange, the March share price index contract closing 21 points higher at 5,599 on a volume of 21,841 contracts, and picked up another 10 points in early evening trade.
The CommSec market analyst Juliette Saly said the solid market performance had been driven by a recovery in the banking sector and the top two miners.
"Banks and miners were what helped the European markets," Ms Saly said.
"Rio Tinto and BHP Billiton are benefiting from news of higher commodity prices but other stocks that performed well on Monday have fallen a bit, including Fortescue Metals Group, which had a big run-up when it was announced that iron ore prices were likely to jump."
Fortescue finished down 7c at $7.45 while BHP Billiton gained 74c to $39.70 and Rio Tinto was $2.50 better at $136.50.
"Some of the companies that reported today have done quite well, particularly APN News & Media, with the market very much liking its full year result," Ms Saly said.
Shares in the publisher, broadcaster and advertiser closed 24c higher at $5.04.
Other big media stocks were ever so slightly stronger. Fairfax edged 2c higher to $4.05, News Corp was up 2c to $22.21, with its non-voters down the same to $21.31, and Consolidated Media was up 1c to $4.40.
"Foster's is being punished, despite saying its earnings outlook for the year is solid. Wine sales in the US are weighing on its share price," Ms Saly said. Shares in Foster's slid 9c to $5.77.
The ANZ was up 14c to $22.60, the Commonwealth Bank lifted $1.27 to $45.27, NAB rose 95c to $30.46 and Westpac increased 65c to $23.15.
Australia's largest gold producer, Newcrest, was up 6c to $34.28 despite more than halving its profit after the $2 billion restructure of its hedge book.
Lihir Gold was 1c higher at $3.57 while Newmont's shares slid 5c to $5.28.
Woodside Petroleum was up 51c to $51.26 and Santos was down 32 cents to $13.92.
Oil Search gained 10c to $4.38 despite reporting its first drop in annual profit in five years, although it says its core oil business in Papua New Guinea remains robust.
In the retail sector, Wesfarmers fell $1.67, or 4.34 per cent, to $36.85, but rival Woolworths was 40c dearer at $27.50. Harvey Norman shed another 4c to $4.56 and the upmarket department store David Jones was up 8c to $4.13.
Australia's second largest steel maker, OneSteel, delivered a 24 per cent fall in half year profit. It closed 18c lower at $7.
Macquarie Equities issued an "underperform" on crane hirer Boom Logistics last Friday. Fair enough, some brokers call it Gloom Logistics. But there's been big volume for the last five trading days and yesterday it jacked up the Favco to the tune of 23c to get back to $1.
Total market turnover reached 1.45 billion shares worth $6.22 billion, with 604 shares up, 588 down and 352 unchanged.