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Australian shares down from 1-month highs, big-name stocks sell off SYDNEY/WELLINGTON: Australian shares fell 0.9 percent on Wednesday to lose further ground from this week's one-month high, with big-name stocks stumbling lower after a sell-off on Wall Street overnight. Among blue-chip banking stocks, Australia and New Zealand Banking Group dropped 1.2 percent, while Westpac Banking Corp, Australia's second biggest bank by market value, dipped 0.8 percent. Elsewhere top-tier miner BHP Billiton Ltd lost 0.9 percent. Among the top 20 stocks on the ASX 200, Australia's biggest telecommunications provider, Telstra Corporation Ltd, fell 0.5 percent.US stocks fell in a broad sell-off overnight, dropping for the second straight session and driving the Dow below 17,000 as investors turned cautious before the start of earnings season.The S&P/ASX 200 index had tumbled 51.8 points to 5,459.1 by 0208 GMT, heading for its third consecutive losing session.The benchmark hit a near-six-year peak of 5,554.5 on April 29, but has mostly shuffled sideways since then as ...

Asia stocks pause at 3 year peak, earnings test looms SYDNEY: Asian stocks tracked sideways on Tuesday as Wall Street turned cautious ahead of the corporate reporting season while earnings guidance from regional tech heavyweight Samsung came in well short of forecasts.Investors could also be forgiven for feeling a touch of altitude sickness after many indexes recently hit all-time or multi-year peaks.MSCI's broadest index of Asia-Pacific shares outside Japan was a fraction firmer at a three-year high of 502.11 but shied away from tough resistance ...
Australian shares slip 0.2pc, banks and resources stumble SYDNEY: Australian shares slipped 0.2 percent on Tuesday, dragged down by blue-chip financials as Wall Street fell overnight, while a drop in metal and oil prices also pressured resource sector stocks. The S&P/ASX 200 index dipped 8 points to 5,510.9 at the close of trade. The benchmark slipped 0.1 percent on Monday from one-month highs. New Zealand's benchmark NZX 50 index declined 0.4 percent, or 20.3 points, to 5,166.1.Copyright Reuters, 2014 ...
Australia shares slip for a second session after Wall Street fall SYDNEY/WELLINGTON: Australian shares slipped 0.2 percent on Tuesday, pressured by big name banks as Wall Street fell overnight, while a drop in metal and oil prices constrained resource sector stocks. The banking sector fell for a second day after robust gains last week. No. 3 lender Australia and New Zealand Banking Corp lost 0.8 percent and National Australia Bank, the top lender by assets, dropped 0.7 percent.The S&P/ASX 200 index declined 10.3 points to 5,508.6 ...
Australia shares slip from 1-month highs, banks nudge lower SYDNEY: Australian shares ended 0.1 percent lower on Monday, slipping from one-month highs as banks nudged the market down in low volumes following Wall Street's closure on Friday for Independence Day. The S&P/ASX 200 index lost 6.1 points to 5,518.9 at the close of trade, snapping three consecutive days of gains. The benchmark rose 0.6 percent on Friday and added 1.5 percent for the week, its biggest one-week gain since February. New Zealand's benchmark NZX ...
Banking stocks nudge Australia shares lower in quiet trade SYDNEY/WELLINGTON: Australian shares declined 0.1 percent on Monday, slipping from one-month highs as banks nudged the market down in low volumes following Wall Street's close on Friday for a holiday. The 'Big Four' banks lost ground after healthy gains last week. Top lender Commonwealth Bank of Australia was down 0.4 percent and Westpac Banking Corp 0.3 percent. The S&P/ASX 200 index lost 3.1 points to 5,521.9 by 0206 GMT. The benchmark rose 0.6 percent on ...
Australia shares slip, investors cautious amid backdrop of weak data SYDNEY/WELLINGTON: Australian shares edged lower on Monday on weakness in banking and mining stocks, though activity was subdued with few catalysts to spur interest. With the backdrop of weak US economic data in recent days, and a subdued Wall Street on Friday, investors were cautious as they awaited a slew of global data this week, including purchasing managers' indices (PMIs) and US payrolls data. Copper slipped after hitting its highest in 3-1/2 months, spurred by ...


Index Closing Chg%
Arrow DJIA 16,493.37 0.42
Arrow Nasdaq 4,352.64 0.39
Arrow S&P 1,925.15 0.29
Arrow FTSE 6,679.18 0.76
Arrow DAX 9,210.08 2.10
Arrow CAC-40 4,202.78 1.02
Arrow Nikkei 15,523.00 0.63
Arrow H.Seng 24,532.43 0.91
Arrow Sensex 25,480.84 1.60

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln