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Australia shares bounce 1 pct on China PMI, miners still weak SYDNEY: Australian shares rose 1.0 percent on Tuesday as a better-than-expected manufacturing survey from China lifted the index from April lows, though sustained weakness in the mining sector tempered gains. The HSBC/Markit Flash China Purchasing Managers' Index (PMI) rose to 50.5 in September from August's final reading of 50.2. A reading above 50 signifies expansion. The S&P/ASX 200 index rose 52.75 points to 5,415.7 at the close of trade, its biggest one-day gain since August 12. The benchmark slumped 1.3 percent on Monday, its biggest one-day loss since early August, nearly wiping out year-to-date gains. New Zealand's benchmark NZX 50 index rose 0.1 percent or 5.15 points to finish the session at 5,241.44. Copyright Reuters, 2014 ...

Australia shares edge higher after uptick in China PMI survey SYDNEY/WELLINGTON: Australian shares reversed an early dip to rise 0.3 percent on Tuesday as a better-than-expected manufacturing survey from China showed modest expansion, raising hopes of an economic recovery in Australia's largest export market, though a drop among miners tempered gains. A preliminary HSBC/Markit Flash China Purchasing Managers' Index rose to 50.5 in September from August's final reading of 50.2. The 50 point level separates growth in activity from contraction. This helped buoy the market, ...
Asia relieved as China flash PMI beats low expectations SYDNEY: Asian shares recouped early losses on Tuesday while commodities won a break from recent selling pressure after a reading on China's massive factory sector outpaced the market's bleak expectations. The HSBC flash reading on manufacturing (PMI) for September rose to 50.5, from 50.2 in August and confounding forecasts for a dip to 50.0. The market had been braced for something even worse and the relief helped Chinese stocks move into the black and the ...
Australia shares slump, nearly erase year-to-date gains SYDNEY: Australian shares plunged 1.3 percent on Monday, its biggest one-day loss since early August as banks slumped and mining stocks remained under pressure after spot iron ore prices fell to their lowest since 2009.The S&P/ASX 200 index tumbled 70.1 points to 5,363.0 at the close of trade, after touching an intraday low of 5,351.1 points. The benchmark lost 1.8 percent last week, a fourth consecutive week of losses.A recent slump in iron ore prices, ...
Australia shares dip as iron ore prices tumble SYDNEY/WELLINGTON: Australian shares fell 0.7 percent on Monday as mining stocks remained under pressured after spot iron ore prices fell back to near their lowest since 2009.The S&P/ASX 200 index shed 36.8 points to 5,396.3 by 0151 GMT. The benchmark tacked on 0.3 percent on Friday but lost 1.8 percent for the week, a fourth consecutive week of losses.The benchmark hit a six-year high of 5,679.5 points on Aug. 21, but has since slumped some ...
Australia shares edge up, braced by banks, as investors eye Scotland SYDNEY/WELLINGTON: Australian shares added 0.2 percent on Friday as Wall Street climbed, though continued weakness in iron ore hit resource stocks, and investors continued to scrutinise results trickling in from the Scottish independence referendum.US stocks rose overnight, a day after the US Federal Reserve kept intact its pledge to keep interest rates low, providing a backstop for investors that helped lift both the Dow and S&P to record highs. Banks underpinned the market as investors ...
Australia shares set for 7th losing session, weak ore prices hit miners SYDNEY/WELLINGTON: Australian shares reversed early gains to shed 0.5 percent on Thursday, extending losses to a seventh session with further weakness in iron ore prices hurting the resource sector. Stocks with exposure to the United States found support on signs of strength in the world's largest economy and as the Aussie dollar fell near six-month lows, benefitting exporters. Elsewhere, iron ore retreated further after a spike higher at the start of the week, reflecting continued ...

 



 
Index Closing Chg%
Arrow DJIA 16,461.32 0.92
Arrow Nasdaq 4,382.85 0.83
Arrow S&P 1,927.11 0.73
Arrow FTSE 6,399.73 0.43
Arrow DAX 8,940.14 0.60
Arrow CAC-40 4,105.09 0.58
Arrow Nikkei 15,195.77 2.64
Arrow H.Seng 23,403.97 1.37
Arrow Sensex 26,787.23 0.80





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln