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Australia shares jump on commodity rally SYDNEY/WELLINGTON: Australian shares rose the most in nearly five weeks on Friday with miners and energy stocks benefiting from an overnight rally in crude oil and iron ore prices.The S&P/ASX 200 index rose 1.3 percent, or 75.6 points to 5,921.0 by 0218 GMT. Market turnover was exaggerated ahead of options expiry. The benchmark closed up 0.1 percent on Thursday.The market has had a poor run lately with discouraging economic news from China, a key iron ore importer and Australia's main trading partner, made worse by weak global commodity prices.The benchmark has fallen in six of the last 10 sessions but it is set to end the week in the black, thanks to Friday's gains."With a very quiet day of economic releases in the Asia Pacific region I expect some profit-taking in the afternoon session, with the market finishing up around 45 to 50 points," said Tristan K'Nell, head of trading ...

Australia shares rise as US prompts investors to celebrate China stimulus SYDNEY/WELLINGTON: Australian shares rose on Tuesday as investors belatedly cheered China's boost to bank lending, and a rebound iron ore prices, which remained near 10-year lows, spurred resources higher.Newly released notes from an April 7 Reserve Bank of Australia meeting which left open the prospect of further rate cuts also gave investors a reason to buy.On Sunday, China cut the amount of cash banks must hold in reserve, a move expected to pump more money ...
Australian shares weighed by miners, banks; NZ stocks steady SYDNEY/WELLINGTON: Australian shares fell 1 percent on Friday as falling iron ore prices encouraged investors to sell mining stocks, putting the index on track for hefty weekly losses.The S&P/ASX 200 index dropped 61.2 points to 5886.2 by 03:54 GMT. The benchmark had risen 0.7 percent on Thursday and was set to end the week 1.4 percent lower. It has been unable to break a key psychological level of 6,000 points.The mining sector led losses, with ...
Australia shares close on positive note as energy stocks rebound SYDNEY: Australian shares ended higher on Friday with utilities and energy sectors making solid contributions as oil prices regained some ground.The S&P/ASX 200 index finished up 0.6 percent at 5,968.4, taking gains this week to 1.2 percent. The benchmark index ended the week not far a seven-year peak of 5,996.9 reached last month.New Zealand's benchmark NZX 50 index closed a touch firmer at 5,847.4. On the week, it was 0.3 percent higher.Copyright Reuters, 2015 ...
Australia shares inch closer to 7-year peak, NZ stocks steady SYDNEY/WELLINGTON: Australian shares rose on Friday, helped by a positive lead from Wall Street, with utilities and energy sectors making solid contributions as oil prices regained some ground. The S&P/ASX 200 index gained 0.4 percent to 5956.5 by 0411 GMT, inching closer to a seven-year peak of just under 6,000.The benchmark dipped 0.3 percent on Thursday, but was on track for a gain of nearly 1 percent for the week.Stan Shamu, a strategist at IG ...
Australia shares end higher as energy and mining stocks advance SYDNEY: Australian shares ended higher on Wednesday thanks to a boost from energy and mining stocks, but a mixed performance by the big banks kept the overall market in check.The S&P/ASX 200 index closed 0.6 percent, or 34.7 points, higher at 5,960.7. The benchmark index is not far from a seven-year peak of 5,996.9 set last month.New Zealand's NZX 50 index finished the session up 0.1 percent, or 4.3 points, at 5,859.7.Copyright Reuters, 2015 ...
Australia shares rise on strong mining, energy sectors; NZ subdued SYDNEY/WELLINGTON: Australian shares rose on Wednesday as higher oil prices helped shore up the energy sector, while steadier iron ore prices prompted some investors to buy recently battered miners.Bank shares, however, were mostly softer with the market still struggling to get over its disappointment that the central bank did not cut interest rates on Tuesday.The S&P/ASX 200 index rose 0.3 percent, or 18.6 points, to 5,944.6 by 0237 GMT. The benchmark index is not far ...

 



 
Index Closing Chg%
Arrow DJIA 18,080.14 0.12
Arrow Nasdaq 5,092.09 0.71
Arrow S&P 2,117.69 0.23
Arrow FTSE 7,070.70 0.24
Arrow DAX 11,810.85 0.74
Arrow CAC-40 5,201.45 0.44
Arrow Nikkei 20,020.04 0.83
Arrow H.Seng 28,060.98 0.84
Arrow Sensex 27,437.94 1.07





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln