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Australia shares close lower on miners, Qantas at June highs SYDNEY: Australian shares fell 0.5 percent on Thursday as persistent weakness in iron ore prices hit miners, though a jump in Qantas helped bolster investor sentiment. Australia's national carrier Qantas Airways Ltd soared 7 percent to A$1.385, its highest since early June.The S&P/ASX 200 index dipped 26.8 points to 5,624.4 at the close of trade.The index added 0.2 percent on Wednesday, closing at a six-year high. New Zealand's benchmark NZX 50 index slipped 0.1 percent or 6.2 points to finish the session at 5,237.5. Copyright Reuters, 2014 ...

Australia shares hit by blue-chips, Qantas soars as investors bet worst is over SYDNEY/WELLINGTON: Australian shares fell 0.4 percent on Thursday morning as recent outperformers stepped back and as persistent weakness in iron ore prices hit miners. Qantas Airways Ltd, however, soared 7 percent to A$1.39, its highest since early June as investors looked past a record annual net loss after the carrier predicted blue skies ahead, and on expectations a foreign investor may step in to revive its struggling international arm.Among top 20 stocks on the ASX ...
NZ stock exchange operator to open new market WELLINGTON: New Zealand's stock exchange operator, NZX Ltd, is to set up a new market with easier disclosure and reporting rules aimed at small, fast-growing companies. NZX said on Thursday it expected the NXT market to start operating in the fourth quarter, subject to regulatory approval, and it would be aimed at small-to-mid sized businesses looking for capital."Currently it's time consuming for them to find capital, and can be a drain on their limited resources," ...
Australia shares close at 6-year highs, ex-dividend stocks cap SYDNEY: Australian shares added 0.2 percent to touch a fresh six-year closing high in choppy trade on Wednesday, with investor sentiment supported by strong earnings and a firmer Wall Street, but a handful of top-tier firms trading ex-dividend pared gains. The S&P/ASX 200 index added 13.6 points to 5,651.2 at the close of trade, a second session of gains. The benchmark edged 0.1 percent higher on Tuesday. New Zealand's benchmark NZX 50 index added 0.9 ...
Australia shares edge higher on earnings, ex-dividend stocks cap SYDNEY/WELLINGTON: Australian shares nudged up on Wednesday thanks to strong earnings and firmer Wall Street stocks, though gains were capped by a handful of top-tier firms trading ex-dividend. The market has been underpinned in recent weeks by a batch of healthy corporate results, which have helped take some of the sting out of geopolitical tensions. Boral Ltd jumped 4.5 percent to its highest since early May of A$5.63 after it said it swung to an ...
Asia stocks highest since 2008, ECB talk pressures euro SYDNEY: The euro came close to cracking on Wednesday as feverish speculation of further policy stimulus in the euro zone drove bond yields to all-time lows and lifted Asian stocks to peaks not seen in almost seven years. The groundbreaking call by European Central Bank President Mario Draghi for more action on both the monetary and fiscal fronts has markets wagering that fresh steps could come as soon as next week when the central bank's ...
Australia shares dip on miners, snap seven sessions of gains SYDNEY: Australian shares dipped 0.2 percent on Monday, slipping from six-year highs after miners dragged the index lower as iron ore prices dropped, but an uptick in earnings of oil company Caltex helped temper losses among energy stocks. Caltex soared 7.4 percent to A$27.45, its highest since June 2007. The S&P/ASX 200 index lost 10.7 points to 5,634.9 at the close of trade, snapping seven consecutive sessions of gains, its longest streak since mid-July. The ...


ArrowDJIA 17,098.45 0.11
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ArrowS&P 2,003.37 0.33
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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln