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Australia shares slide to 2-week lows, Myer hit by weak sales SYDNEY: Australian shares fell 1 percent on Wednesday, dragged down by a tumble in Myer Holdings and weakness in blue-chip stocks. The S&P/ASX 200 index closed at a two-week low of 5,463. Myer, Australia's largest department store, was among the worst performers following poor sales.Its share tumbled 8.1 percent to A$1.76, having touched its lowest in more than two years. New Zealand's benchmark NZX 50 index set a fresh record high at 5,507.46, but finished the session 0.5 percent lower at 5,487.88.Copyright Reuters, 2014 ...

Australia shares slip as Myer tumbles on weak sales, NZ hits record high SYDNEY/WELLINGTON: Australian shares fell 0.7 percent on Wednesday, dragged down by weakness in blue-chip miners and a tumble in Myer Holdings stocks on weak sales at its department stores. Financial and basic materials took a beating with Macquarie Group off 2.5 percent after it traded ex-dividend. Sentiment was also hurt after Myer, Australia's largest department store, reported poor sales.The shares skidded 5.2 percent to A$1.79, pulling closer to two-year lows touched last month. Leanne Jones, ...
Australia shares struggle as resource sector drags SYDNEY/WELLINGTON: Australian shares shrugged off gains on Wall Street to fall for a second straight session on Tuesday, weighed by weakness in metals, mining and energy stocks. Traders ignored data earlier showing a measure of Australian business conditions jumped the most on record. The S&P/ASX 200 index was down 12.5 points to 5,511.5 by 0110 GMT. The benchmark lost 0.5 percent on Monday. "You've definitely got a level of nervousness about the resources sector. Pretty ...
Australia shares rise 0.8pc as ECB buoys mood, miners lead SYDNEY: Australian shares rose 0.8 percent on Thursday on broad-based gains as sentiment was buoyed by the European Central Bank's pledge to do more to revive the euro zone economy, with mining stocks rebounding after selling off heavily in the past week. The S&P/ASX 200 index rose to 5,549.1 points at the close of trade, rising 0.41 percent for the week.The benchmark fell 0.2 percent on Thursday. New Zealand's benchmark NZX 50 index rose 0.3 ...
Australia shares give up gains as banks end rally, iron ore prices down SYDNEY: Australian shares gave up early advances to be lower by mid-session on Thursday as investors sold down banks before they trade ex-dividend and falling iron ore prices dragged down miners.An unusual move by the Australian Bureau of Statistics to re-state past employment data also weighed on sentiment, traders and economists said, because it raised doubts about the veracity of official jobs data.Stocks rallied at the open on hopes that a sweeping Republican mid-term election ...
Australia and NZ shares close lower on falling commodities, China concerns SYDNEY: Australian shares ended Wednesday's session a tick lower after falling commodity prices and concerns about China's economic health weighed on sentiment. The S&P/ASX 200 index dipped 2 points, or 0.04 percent, to 5,517.9 at the close of trade, pulling away from a two-month peak set on Monday. Energy and utilities suffered the most with around 1 percent in losses, while iron ore miners added to the pain. Financial sector stocks eked out a small ...
Australia & NZ stocks pop higher, on track for hefty monthly gains SYDNEY/WELLINGTON: Australian shares rose to a seven-week peak, while New Zealand stocks hit a fresh record high on Friday, after encouraging US growth data boosted risk appetite, putting them on track for hefty gains this month.The S&P/ASX 200 index rallied 24 points to 5,500.6 by 0221 GMT, having climbed as far as 5,514.2, its highest since mid-September. The benchmark has rebounded 4.1 percent this month, following a near 6 percent tumble in September.The move higher ...


Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90

ICT 2014

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