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Australia shares hit 4-week lows, growth woes offset US optimism SYDNEY/WELLINGTON: Australian shares edged down to a four-week low on Friday as underlying worries about a slump in iron ore prices and the demand outlook eclipsed encouraging US economic data. Data showing American factory activity in the mid-Atlantic region grew at its fastest in two decades and home resales jumped to their highest did little to take the edge off global growth worries. "Whilst the US is ticking along, it's not enough, particularly for a market like Australia which is very commodities dependent," said IG Markets strategist Stan Shamu. Investors have been spooked by slowing growth in China, Australia's biggest export market. A tumble in the price of iron ore, the nation's biggest foreign exchange earner, triggered a selloff in miners. "Some of the iron miners have ticked a little bit higher (but) I don't think anyone's really convinced that this is a stabilisation," Shamu added. After opening slightly higher, ...

Australia shares dragged lower by iron ore, NZ stocks firm SYDNEY/WELLINGTON: Australian shares fell to four-week lows on Wednesday, as falling iron ore prices weighed on the resources sector while energy and basic materials also declined. The S&P/ASX 200 index eased 0.1 percent or 10 points to 5,389.7 by 01:31 GMT, following three sessions of decline.Miners continued to spiral downwards as prices of iron ore, Australia's largest export earner, dropped to five-year lows. Shares of Fortescue Metals Group slipped 4.7 percent, having fallen as far ...
Australia shares hit 3 week lows, iron ore miners slump SYDNEY: Australian shares ended at their lowest in over three weeks on Tuesday with further declines in iron ore prices taking a heavy toll on some miners. The S&P/ASX 200 index slipped 0.2 percent, or 12.8 points, to 5,399.7, extending Monday's 0.8 percent fall. Junior iron ore miner BC Iron led the losers, slumping 10.3 percent to A$0.655. Fortescue Metal Group skidded 6.6 percent to A$2.97. Benchmark iron ore spot prices plumbed their lowest since ...
Australia shares skid to 3 week lows, miners pinned down by growth woes SYDNEY/WELLINGTON: Australian shares slipped to a three-week lows on Tuesday with some mining stocks pressured by further weakness in iron ore prices on persistent worries about global growth. The S&P/ASX 200 index edged down 0.1 percent, or 7.6 points, to 5,404.9 by 0225 GMT, having earlier dipped below 5,400.0 for the first time since Oct. 24. The benchmark index slid 0.8 percent on Monday after data showed Japan unexpectedly fell into a recession. Iron ore ...
Australia shares fall to 3-1/2 week low, Japan's recession weigh SYDNEY: Australian shares fell to 3-1/2-week lows on Monday as investors took profits on finance and health stocks with sentiment also partially hit by unexpected news that Japan's economy had slipped into recession.The S&P/ASX 200 index .AXJO dropped 0.77 percent or 41.84 points to 5,412.5, its lowest close since Oct. 24.New Zealand's benchmark NZX 50 index added 0.1 percent or 6.23 points to finish the session at 5490.23.Copyright Reuters, 2014 ...
Australian & NZ shares subdued, Japan recession dims mood SYDNEY/WELLINGTON: Australian shares declined on Monday, as falls in healthcare and telecommunications stocks were further compounded by weakness in Japanese stocks after data showed the world's third-biggest economy unexpectedly slipped into recession. CSL Ltd, Cochlear Ltd and Sonic Healthcare Ltd dropped around 1.5 percent each after investors booked profits following recent hefty gains. The healthcare index set a record high earlier this month to be up 12 percent so far this year. The mood in ...
Australia shares close lower on weak commodities SYDNEY: Australian shares fell for a fourth consecutive session on Thursday as sliding commodity prices hit the heavyweight resources sector. The S&P/ASX 200 index dipped 0.4 percent to 5,442.7 at the close of trade, after touching its lowest in two weeks. New Zealand's benchmark NZX 50 index eased 0.5 percent to finish the session at 5,462.743, but was still near record highs set this week. Copyright Reuters, 2014 ...

 



 
IndexClosingChg%
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ArrowNasdaq 4,765.38 0.36
ArrowS&P 2,070.65 0.46
ArrowFTSE 6,545.27 1.23
ArrowDAX 9,786.96 0.25
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ArrowNikkei 17,621.40 2.39
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ArrowSensex 27,371.84 0.90






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln