The Australian sharemarket closed flat for the second day in a row as investors shrugged off uncertainty about the state of US-Iran peace talks.

The Australian sharemarket has made an unsteady start to the week amid more uncertainty over a peace deal in the Middle East.

The Australian sharemarket has ended the day roughly where it began amid more uncertainty over a peace deal in the Middle East.

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Australia’s sharemarket finished flat on Monday as investors weighed fresh tensions in the Middle East against a strong rebound in technology stocks.

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Oil prices are rising following the latest fighting to threaten the US-Iran ceasefire, but Wall Street isn’t very worried, and US stocks are hanging near their records.

The Australian sharemarket slumped in early trade as oil held its biggest gain in about a month, as uncertainty about the state of US-Iran peace talks lingers.

Oil prices are rising following the latest fighting to threaten the US-Iran ceasefire, but Wall Street isn’t very worried, and US stocks are hanging near their records.

The Australian sharemarket closed flat for the second day in a row as investors shrugged off uncertainty about the state of US-Iran peace talks.