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Australia shares snap 3-day losing streak to rise 1.2pc SYDNEY/WELLINGTON: Australian shares snapped a three-day losing streak to rise 1.2 percent on Wednesday, led by broad-based gains across sectors as investors cherry-picked stocks at bargains, although they still worried about Greece's potential exit from the eurozone. Analysts said more money moved into equities from bonds after yields dropped on Greece's woes. Investors also awaited the Federal Reserve's latest take on the US economy and interest rates. Australia's benchmark S&P/ASX 200 index rose 61.1 points to 5,597 by 0231 GMT, its biggest percentage gain in nearly a week. The benchmark edged down 0.1 percent on Tuesday. "To the extent that credit markets aren't going crazy, then lower bond yields are good for our market," said Credit Suisse equities strategist Damien Boey. "The major developments are simply the risk up in Greece and effect that has on bond yields," he said. Greek Prime Minister Alexis Tsipras lashed out at Greece's creditors, ...

Australia shares pare losses but Greece fears weigh SYDNEY: Australian shares recovered from early lows to end marginally down on Monday, led by buying interest in banks and industrial stocks, while fears that Greece may leave the eurozone weighed on investors' sentiment.The S&P/ASX 200 index finished 0.1 percent lower at 5,538.8 points, its second straight day of losses, recovering from an intra-day low of 5,492.1. The benchmark fell 0.2 percent on Friday. Australia's resource-dependent economy has been hurt by a crash in commodity ...
Australia shares seen with strong start, NZ stocks open higher  SYDNEY: Australian shares are likely to have a strong start on Friday following Wall Street's record high finish after investors shifted their focus to possible upbeat sales for US multinationals.The local share price index futures rose 0.6 percent to 5,723.0, a 26.5-point premium to the close of the underlying S&P/ASX 200 index on Thursday. The benchmark index eased 0.3 percent in the previous session but was still up 1 percent for the week.New Zealand's benchmark ...
Australia shares drop for the second straight session SYDNEY/WELLINGTON: Australian shares extended falls to more than 1 percent on Tuesday on a broad-based sell-off across all sectors, and a firmer Aussie dollar hit miners and companies with US dollar earnings.Stop-loss selling, which triggers a sale when a stock reaches a certain price, was sparked after the China futures market opened, analysts said.The S&P/ASX 200 index fell 65.04 points to 5,883.5 by 0148 GMT. The benchmark ended down 0.6 percent on Monday, after failing ...
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 ...
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 ...


Index Closing Chg%
Arrow DJIA 17,084.49 0.20
Arrow Nasdaq 4,830.47 0.41
Arrow S&P 2,014.89 0.07
Arrow FTSE 6,416.16 0.65
Arrow DAX 10,096.60 1.04
Arrow CAC-40 4,701.39 0.54
Arrow Nikkei 18,438.67 1.64
Arrow H.Seng 22,458.80 0.46
Arrow Sensex 27,079.51 0.87

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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 $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 08, 2015
Reserves $20.05 bln