MARKETS SPECTATOR: Leighton overlooked

Leighton has secured a huge deal with Fortescue but the mining services company, like its peers, is hostage to the market's doubts about global trends.

For engineering and construction companies it seems no amount of good news can bolster their stocks. They are hostage to global trends. Suspicions over the fundamental health of the global economy, especially China’s, trumps any good news a company may declare.


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