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Australia shares choppy, banks offer support as Fed in focus SYDNEY: Australian shares were little changed in choppy trade on Wednesday, with investors remaining cautious even as the threat of a military conflict in Ukraine eased and ahead of a looming policy review by the US Federal Reserve. The market has drifted lower in March after rallying 4.1 percent in February, as tensions in Ukraine and disappointing data from China soured sentiment. On Tuesday, US stocks climbed for a second straight session, with the S&P 500 within striking distance of its record after comments from Russian President Vladimir Putin that he did not plan to seize other regions of Ukraine were taken as a signal that the crisis may not deepen. "Short term traders will also be alert to the fact that the Fed will announce its latest monetary decision before the Australian market opens tomorrow," said Ric Spooner, an analyst at CMC Markets in a note.The 'Big Four' banks ...

Australia shares rebound from 1-month lows, up 0.6pc as miners support SYDNEY: Australian shares rebounded from one-month lows to add 0.6 percent on Tuesday after Wall St climbed overnight and major miners found support as copper steadied. The 'Big Four' banks all rose, with Australia and New Zealand Banking Group added 0.8 percent and National Australia Bank climbed 0.9 percent.Second-tier Bank of Queensland Ltd was up 1.9 percent at A$12.70 after it touched a 4-1/2 year high of A$12.80 earlier in the session. "We think the ...
Australia shares close at 1-month lows, Ukraine concerns weigh SYDNEY: Australian shares dropped 0.2 percent on Monday to one-month lows as investors were unnerved by tensions between the West and Russia over the referendum results in Crimea, helping buoy safe-haven gold stocks and limiting broad market losses. The S&P/ASX 200 index fell 11.8 points to 5,317.6 at close of trade. The benchmark dropped 1.5 percent on Friday.New Zealand's benchmark NZX 50 index edged 0.2 percent higher to finish the session at 5,088.0. Copyright Reuters, ...
Australia shares hover at 1 month lows on Ukraine worries, gold stocks shine SYDNEY: Australian shares were hovering at one-month lows on Monday morning, as investors were unnerved by tensions between the West and Russia over the referendum results in Crimea, helping buoy safe-haven gold stocks and limiting broad market losses. The financial sector was on the backfoot, with Commonwealth Bank of Australia slipping 0.5 percent. Mid-tiers Adelaide and Bendigo Bank Ltd and Bank of Queensland Ltd shed 0.2 percent and 0.7 percent, respectively. Russian state media said ...
Australia shares lifted by robust jobs data, recovery in miners SYDNEY: Australian shares climbed on Thursday, underpinned by a recovery in mining stocks after metals prices rose, while a robust jobs report provided additional momentum and lifted the market to session highs. Australian employment surged by 47,300 in February, the biggest gain in 13 months and far above forecasts, in a hopeful sign that the economy is finally starting to generate jobs again. "It's quite a good sign and in a sense it's realigning itself ...
Australia shares close little changed, investors cautious SYDNEY: Australian shares finished flat on Tuesday as investors turned to banks and defensive stocks, unnerved by a steep fall in iron ore prices that hurt small miners and a pullback in a business conditions survey. The S&P/ASX 200 index added 2.3 points to finish at 5,413.8. The benchmark fell 0.9 percent on Monday. New Zealand's benchmark NZX 50 index slipped 0.3 percent to 5,101.9. Copyright Reuters, 2014 ...
Australia shares mark time as lower iron ore, China drag SYDNEY: Australian shares traded sideways on Tuesday morning, following a dip on Wall Street, with smaller iron ore miners easing further and a pullback in a business conditions survey keeping investors cautious. Global miners BHP Billiton Ltd and Rio Tinto Ltd steadied from big losses in the previous session, rising 0.1 percent and 1.1 percent respectively. But smaller iron ore miners were under pressure after Chinese steel and iron ore futures slumped to their lowest ...


Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,417.53 0.01
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln