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Australia shares slip but posts 0.5pc gain for week SYDNEY: Australian shares slipped 0.4 percent on Friday, as investors remained wary after US stocks dipped on worries that an interest rate hike could come sooner than expected, though gains in the defensive sector kept the market in check. The S&P/ASX 200 index lost 19.2 points to 5,445.1 at the close of trade after touching a 2-1/2-week high of 5,480.1 earlier in the session. The benchmark climbed 1.2 percent on Thursday, and added 0.5 percent for the week, its best weekly performance since the end of April. New Zealand's benchmark NZX 50 index added 0.3 percent or 14.1 points to finish the session at 5,144.2. Copyright Reuters, 2014 ...

Australia shares seen ending 2014 at 6-1/2 year high SYDNEY: Australia's benchmark share index will end 2014 at a six-year high as a sustained pick-up in domestic housing, a falling Australian dollar and a return to global growth buoy appetites for local equities, a Reuters poll showed. The S&P/ASX 200 index is forecast to be 5,700 points, according to the median in a poll of 13 analysts taken in the past week. Such a level, not seen since mid-2008, would be a 5.5 percent ...
Australia shares jump 1.2pc, housing sector falls SYDNEY: Australian shares climbed 1.2 percent on Thursday after Wall Street rose overnight and metal prices ticked higher, though the housing sector fell as stocks traded ex-dividend. The S&P/ASX 200 index jumped 62.3 points to 5,464.3 at the close of trade. The benchmark slipped 0.6 percent on Wednesday, easing for a second day in a row. New Zealand's benchmark NZX 50 index added 0.5 percent or 25.6 points to 5,130.2. Copyright Reuters, 2014 ...
Asian shares up, bonds in demand amid hunt for returns SYDNEY: Asian shares swung higher on Thursday as weak US growth seemed to further delay the day when interest rates might rise, prompting investors to plow funds into riskier assets in a desperate search for returns. A shockingly poor reading on the US economy for the first quarter also pressured the dollar while giving a lift to most commodities and resource-related currencies.Globally, the longer term bond prices rose as investors sought out the back end ...
Australia shares slip to near 2-week low, miners falter SYDNEY/WELLINGTON: Australian shares slipped to a near two-week low on Wednesday, with miners and banking stocks losing ground as a deepening crisis in Iraq checked risk appetite. The Mining sector was the biggest drag with BHP Billiton , Arium and Fortescue Metals Group falling more than 1 percent after Australia revised down its 2015 iron ore and metallurgical coal price forecasts.Losses on Wall Street overnight put a dampener on trading, as concerns about the violence ...
Australia shares edge lower in Wall Street's wake; David Jones jumps SYDNEY/WELLINGTON: Australian shares slipped 0.4 percent on Tuesday, tracking Wall Street lower as investors sold local equities across the board, outweighing a jump in department store operator David Jones Ltd, a takeover target. The S&P/ASX 200 index slid 22.8 points to 5,430.5 by 0237 GMT, having closed 0.6 percent higher on Monday. The benchmark has drifted 1.1 percent lower so far in June and has fallen for 7 out of the past 10 sessions, as ...
Asian shares creep higher, encouraged by global data SYDNEY: Asian shares clinched slender gains on Tuesday as improved manufacturing data from China, Japan and the United States augured well for global growth, despite a disappointing result from the euro zone. Though moves were modest as markets slipped into something of a summer lull, MSCI's broadest index of Asia-Pacific shares outside Japan managed to gain 0.3 percent. Japan's Nikkei lagged by losing 0.36 percent, but South Korea outperformed with a rise of almost 1 ...


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