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Australian stocks end up almost 2pc on Greek deal SYDNEY: Australian stocks rallied almost 2.0 percent on Tuesday on the back of the long-awaited Greek bailout agreement.The benchmark S&P/ASX200 index closed up 104.2 points, or 1.9 percent, at 5,577.4 following Greece agreeing to tough reforms in return for a three-year bailout worth up to 86 billion euros (US$96 billion)."Much ink has been spilt on the Greek 'deal', but judging by what we are seeing in markets, traders seem to be happy with what they have seen," IG chief market strategist Chris Weston said."One must acknowledge, however, that there will be political change within Greece over the near-term and the implementation and execution is still a huge risk."Australian shares rose sharply after opening and kept inching slowly ahead throughout the day, with the major banks all posting solid gains.In early trade the Australian dollar was at 73.93 US cents and it rose further to 74.32 US cents late in the ...

Australian stocks rally 1.70pc on Greek deal SYDNEY: Australian stocks rallied 1.70 percent at the open Tuesday on the back of the long-awaited Greek bailout agreement.The benchmark S&P/ASX200 index was up 93.1 points at 5,566.3 soon after the start following Greece agreeing to tough reforms in return for a three-year bailout worth up to 86 billion euros (US$96 billion).The subsequent boost to European and US markets gave the ASX "one of the most positive intra-day leads in weeks", IG Markets said in ...
Australia stocks slump 2.01pc on Greece, China worries SYDNEY: Australian stocks slumped 2.01 percent Wednesday after European leaders handed debt-stricken Greece a final deadline to reach a new bailout deal and China's volatile markets continued their slide.At the close, the benchmark S&P/ASX200 index was 111.9 points lower at 5,469.5, wiping out all its gains on Tuesday.Analysts said Greece being given until Sunday to thrash out an agreement and avoid crashing out of the euro, coupled with another rout in China, was hurting sentiment."News ...
Australian stocks rally 1.94pc despite Greece SYDNEY: Australian stocks rallied 1.94 percent Tuesday, shrugging off the crisis in Greece as investors snapped up oversold shares.The benchmark S&P/ASX200 index closed 106.4 points higher at 5,581.4, reclaiming its losses from Monday, ahead of a hastily arranged emergency summit of the 19 eurozone countries in Brussels.Phillip Capital senior client adviser Michael Heffernan said investors were realising Greece's troubles were of little consequence for Australia."With the equanimity from European markets, not just from yesterday but ...
Australian stocks down 1.53pc at open after Greek vote SYDNEY: Australian stocks dropped 1.53 percent at the open Monday after Greece rejected fresh austerity demands by the country's EU-IMF creditors in a landmark referendum.The benchmark S&P/ASX200 index was trading 84.7 points lower at 5,453.6 soon after the start, although weekend moves by China to stabilise its volatile local markets appeared to help stem some of the bleeding.Copyright AFP (Agence France-Presse), 2015 ...
Australia shares end lower on Greece caution, NZ outperforms SYDNEY: Australian shares ended the week with a whimper as investors took some risk off the table ahead of a referendum in Greece that could decide the country's future in the euro zone. The S&P/ASX 200 index fell 1.1 percent on Friday to 5,538.3, finishing the week with a 0.1 percent loss.New Zealand's benchmark NZX 50 index closed a touch lower at 5,840.9, having turned around from a three-week high of 5,872.7. The index was ...
Australia shares turn lower as Greek worries sting SYDNEY: Australian shares ended lower on Thursday, coming off a three-week peak set the previous day as investors turned cautious amid renewed worries about a Greek default.The S&P/ASX 200 index shed 1.0 percent, or 54.1 points, to 5,632.7, recoiling from a three-week high of 5,705.8 set in the previous session. It was market's first negative close this week.New Zealand's benchmark NZX 50 index finished 0.7 percent, or 42.2 points, lower at 5,733.3.Without a deal by ...


Index Closing Chg%
Arrow DJIA 16,472.37 1.23
Arrow Nasdaq 4,707.77 1.74
Arrow S&P 1,951.36 1.43
Arrow FTSE 6,129.98 0.95
Arrow DAX 9,553.07 0.46
Arrow CAC-40 4,458.88 0.73
Arrow Nikkei 17,725.13 0.02
Arrow H.Seng 21,506.09 3.17
Arrow Sensex 26,220.95 0.25

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.998 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklySeptember 21, 2015
Reserves $18.726 bln