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Australia shares trade at 6-year highs, resources cap gains SYDNEY/WELLINGTON: Australian shares added 0.3 percent on Thursday to hit another six-year high with the banking sector and an uptick on Wall Street supporting gains. The S&P 500 and Nasdaq ended higher overnight after the Federal Reserve gave a rosier assessment of the US economy while reaffirming that it is in no hurry to raise interest rates.The banking sector climbed higher, led by Commonwealth Bank of Australia which added 0.7 percent to trade at a record high of A$83.74. National Australia Bank rose 0.6 percent, while Westpac Banking Corp climbed 0.8 percent, and said it has appointed Dave Curran as the new chief information officer.Woodside Petroleum Ltd dropped 1.6 percent after news the company's planned $2.68 billion share buyback from Royal Dutch Shell was on the brink of failing. The S&P/ASX 200 index gained 19 points to 5,641.9 by 0140 GMT, a six-year high and marking its third consecutive session ...

Australia shares dip at the close, weakness in banks weigh SYDNEY: Australian shares dipped 0.1 percent on Monday as weakness on Wall Street and in metal prices was offset by an uptick in gold, though the financials dragged slightly.Investors were mostly sidelined with the S&P/ASX 200 index declining 6.1 points to 5,577.4 at the close. The benchmark slipped 0.1 percent on Friday, but added 0.9 percent for the week.A total of 444.6 million shares changed hands during the session, versus the five-day daily average of ...
Australia shares steady, Healthscope debuts at listing price SYDNEY/WELLINGTON: Australian shares steadied on Monday to recover from an earlier dip as a weakness on Wall Street and metal prices was offset by an uptick in gold, though the financials dragged slightly as investors mostly stood at the sidelines. Banks took the market lower with Commonwealth Bank of Australia, the top bank by market capitalisation was down 0.3 percent, while Australia's second biggest bank by market value, Westpac Banking Corp, lost 0.5 percent. National ...
Asia stocks supported as China's factories revive SYDNEY: Asian stocks edged higher on Thursday as US tech earnings impressed and a surprisingly strong reading on Chinese manufacturing bolstered hopes for recovery in the world's second-biggest economy. The HSBC flash PMI for China came in at 52.0 for July, well above forecasts of a small rise to 51 in July and the highest reading in 18 months.There was also good news on the outlook, with a sub-index of new orders reaching 53.7. The ...
Australia shares extend six-year high, bouyed by China PMI SYDNEY: Australian shares closed 0.2 percent higher on Thursday, extending a six-year high as Wall Street climbed and sentiment was boosted by a preliminary Chinese manufacturing index rising at its fastest pace in 18 months. The S&P/ASX 200 index added 11.1 points to 5,587.8 at the close of trade, a fresh 6-year high. The benchmark added 0.6 percent on Wednesday. New Zealand's benchmark NZX 50 index added 0.5 percent to 5,174.7. Copyright Reuters, 2014 ...
Australia shares nudge higher on China PMI; banks lead SYDNEY/WELLINGTON: Australian shares added 0.2 percent on Thursday, extending a six-year high, as Wall Street climbed and sentiment was boosted by a preliminary Chinese manufacturing index rising at its fastest pace in 18 months. Banks propped up the local market with Commonwealth Bank of Australia and National Australia Bank adding 0.4 percent and 0.2 percent each. The S&P/ASX 200 index added 8.2 points to 5,584.9 by 0222 GMT, its highest since June 2008. The benchmark ...
Australia shares add 0.6pc to close at 6-year high SYDNEY: Australian shares added 0.6 percent on Wednesday to close at six-year highs with gains across all major sectors after Wall Street rose on solid earnings, but tensions in Gaza and Ukraine kept gains in check. The S&P/ASX 200 index climbed 33.4 points to 5,576.7 at the close of trade, its highest point since June 2008.The benchmark edged 0.1 percent higher on Tuesday. New Zealand's benchmark NZX 50 index added 0.2 percent or 12.7 points ...

 



 
Index Closing Chg%
Arrow DJIA 16,563.30 1.88
Arrow Nasdaq 4,369.77 2.09
Arrow S&P 1,930.67 2.00
Arrow FTSE 6,730.11 0.64
Arrow DAX 9,407.48 1.94
Arrow CAC-40 4,246.14 1.53
Arrow Nikkei 15,620.77 0.16
Arrow H.Seng 24,756.85 0.10
Arrow Sensex 25,894.97 0.74





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln