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Australia shares fall 0.5pc on soft data, Qantas slumps as business hits turbulence SYDNEY: Australian shares skidded 0.5 percent to its biggest one-day loss in three weeks on Thursday, hurt by an unexpectedly steep drop in business investment numbers and a sharp fall in Qantas Airways Ltd after the carrier posted a hefty first half loss. Trading started off on a tentative footing amid escalating tensions in Ukraine which put renewed pressure on emerging market assets. Shares of Qantas Airways, facing its own struggles against stiff competition in domestic and international routes, tumbled 7.5 percent. The carrier said it plans to cut 15 percent of its workforce, sell older jets and reduce capital spending after reporting a large first half loss of A$252 million. "What we're hearing is steps to return Qantas to a lower cost base and return to profitability, which is good for Qantas' share price in the medium term," said Julia Lee, equities analyst at Bell Direct, adding that the ...

Australia shares finish flat in choppy trade SYDNEY: Australian shares finished flat on Monday in choppy trade as gains in the banking and resource sectors was offset by investors selling out of ex-dividend heavyweight stocks including Australia's biggest phone company Telstra Corporation Ltd. The S&P/ASX 200 index finished 1.5 points higher at 5,440.2. It added 0.5 percent on Friday. Telstra fell 2.5 percent. New Zealand's benchmark NZX 50 index climbed 0.9 percent to 4,969.6. Copyright Reuters, 2014 ...
Australia shares hit 3 month closing high SYDNEY: Australian shares rose 0.5 percent on Monday to a three-month closing high, taking heart from strong earnings reports, a rise in copper prices and another positive performance on Wall Street. The S&P/ASX 200 index gained 26.6 points to 5,382.9, its highest close since Nov. 18. The benchmark gained 3.7 percent last week, snapping five consecutive weeks of losses and marking its biggest weekly rise since December 2011. New Zealand's benchmark NZX 50 index added ...
Australia shares finish flat as weak jobs data offsets strong earnings SYDNEY: Australian shares finished flat in choppy trade on Thursday, but still at 3-week highs, after weak job numbers tempered interest in firms reporting strong earnings. The S&P/ASX 200 index benchmark slipped two points to finish at 5,308.1, snapping five sessions of gains, its longest winning streak since mid-October. The benchmark rose 1.1 percent on Wednesday. New Zealand's benchmark NZX 50 index edged 0.1 percent higher to 4,873.5. Copyright Reuters, 2014 ...
Australia shares rise 0.5pc, ANZ impresses with solid earnings SYDNEY: Australian shares edged up 0.5 percent in a choppy morning session on Tuesday, as solid earnings from Australia and New Zealand Banking Group helped offset losses in companies with less-than-stellar results. The market got off to an uncertain start after modest gains on Wall Street and a mixed batch of data and corporate earnings. Australia and New Zealand Banking Group Ltd climbed 1.5 percent as the nation's third-largest bank by market value reported a ...
Australia shares skid to 6 week lows on Wall St, RBA eyed SYDNEY: Australian shares fell 1.4 percent on Tuesday morning to six-week lows after disappointing US manufacturing data pressured Wall Street. The fall comes ahead of a policy review by the Reserve Bank of Australia later in the day. Markets are pricing in a near 0 percent chance of a 25 basis point cut in interest rates. "Even if we get a dovish monetary policy statement from the RBA, something we see as unlikely, the index ...
Australia shares seen slumping as US Fed tapers SYDNEY: Australian shares are seen slumping on Thursday after Wall Street dropped overnight as the US Fed Reserve decided to continue tapering its bond-buying program, but, an uptick in gold may hold off broader losses.Local share price index futures lost 1.2 percent, a 117-point discount to the underlying S&P/ASX 200 index close. The benchmark recovered 1 percent on Wednesday.New Zealand's benchmark NZX 50 index slipped 0.5 percent in early trade.US stocks dropped more than 1 ...


Index Closing Chg%
Arrow DJIA 16,514.37 0.40
Arrow Nasdaq 4,161.46 0.97
Arrow S&P 1,815.69 0.95
Arrow FTSE 6,681.76 0.85
Arrow DAX 9,600.09 2.02
Arrow CAC-40 4,484.21 1.18
Arrow Nikkei 14,388.77 0.85
Arrow H.Seng 23,003.64 0.79
Arrow Sensex 22,758.37 0.03

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln