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Australia shares subdued; NZ's Fonterra pressured SYDNEY/WELLINGTON: Australian stocks struggled for direction on Wednesday with the benchmark index still looking for an excuse to push through the 6,000 level that will mark its highest in seven years.Keeping the overall market afloat were bank stocks, which returned to favour following a day of consolidation. Two of the big four banks hit fresh all-time highs. ANZ rose to A$37.08, while Westpac Bank topped out at A$39.89.The S&P/ASX 200 index was a mere 0.06 percent, or 3.4 points, higher at 5,972.5 by 0145 GMT. It continued to stall just ahead of 6,000.0, a level not seen since February 2008."It is struggling to get up to 6,000. Quite simply we're not seeing a lot of positive news to give us the next leg higher," said Lucinda Chan, division director at Macquarie Equities.Chan said worries about slowing growth in China, weak commodity prices and volatile currencies were all weighing on sentiment. ...

Australia shares end 0.2pc up on commodity rally SYDNEY: Australian shares ended 0.2 percent higher on Tuesday led by gains in resources and energy-related stocks in line with firmer commodity prices.The S&P/ASX 200 index rose 12.96 points to 5,969.1 at the close of trade. It remained tantalisingly close to the 6,000-mark, which has proved to be a formidable barrier so far. Two attempts to break above that level this month ended in failure as profit-takers were quick to emerge.New Zealand's benchmark NZX 50 ...
Australia shares post biggest rally in 5 weeks on Fed outlook SYDNEY/WELLINGTON: Australian shares rose the most in five weeks on Thursday after the Federal Reserve suggested it may raise US rates later than previously thought while energy stocks followed the surging oil price higher.The Fed downgraded its economic growth and inflation projections for the US, triggering a relief rally on Wall St as investors bet that any rate hike will be later rather than sooner."Everyone feels the Fed's not quite as aggressive and will be ...
Australian shares set to dip on weaker oil, NAB woes SYDNEY: Australian shares are set to open lower on Monday, with top stock BHP Billiton and the energy sector under pressure from weaker oil prices, and National Australia Bank weighed down by uncertainty over the outlook for its UK assets.Local share price index futures fell 0.2 percent to 5,801.0 to sit at a 13.5-point discount to the underlying S&P/ASX 200 index close. The benchmark fell 0.7 percent last Friday.New Zealand's benchmark NZX 50 index gained ...
Australia shares ease, NZ stocks set new heights SYDNEY: Australian shares slipped on Friday, led by losses in mining and financials, putting the index on track to end the week sharply lower - in contrast with New Zealand stocks which scaled another all-time high. The S&P/ASX 200 index dropped 0.7 percent, or 39.8 points to 5,810.3 points. The benchmark climbed 1 percent on Thursday, its biggest daily rise in a month. The one bright spot came from the telecommunications sector after TPG Telecom ...
Australia shares down, but NZ stocks sets record peak SYDNEY/WELLINGTON: Australian shares fell on Friday as declining commodity prices sapped appetite across the board, putting shares on track to end the week sharply lower - in contrast with New Zealand stocks which scaled another all-time high.The S&P/ASX 200 index dropped 0.6 percent, or 37.9 points to 5,811.4 points by 02:49 GMT. The benchmark climbed 1 percent on Thursday, its biggest daily rise in a month. "It looked like investors closed long positions ahead of ...
Australia shares fall on commodities, US rate hike fears SYDNEY: Australian shares fell the most in nine weeks on Monday as investors continued to cash in on recent multi-year highs, while upbeat US jobs data raised expectations the Fed will raise interest rates sooner rather than later.Large resources stocks weighed down the benchmark index after iron ore hit a record low following reports of Chinese steel mill closures.The S&P/ASX 200 index ended down 1.3 percent or 77.6 points at 5821.3, its biggest fall since ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln