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Australia shares down on global uncertainty, BHP falters  SYDNEY: Australian shares slipped 0.8 percent on Thursday, with big miners leading losses after Wall St fell on worries about protracted US budget negotiations and rising violence in the Middle East.   BHP Billiton dragged on the index, dropping 1.5 percent as it looks to control costs in a softer iron ore market, while rival Rio Tinto shed 2.1 percent.   The benchmark S&P/ASX 200 index was 33 points lower at 4,355.4 by 0051 GMT. It inched up 0.2 percent on Wednesday, but is still down 3.6 percent so far this month.   "It's just a follow-through risk seen from US markets. Of course we did just see a sharp selloff on Wall Street as we approach that fiscal cliff," said Stan Shamu, market analyst at IG Markets.   "It just seems that there's not much confidence out there." he said.   Banks were also weak, with top lender Commonwealth Bank of Australia down 1.1 percent.   New Zealand's benchmark NZX 50 ...

Australia shares slip 0.3pc; QBE falls sharply  SYDNEY: Australian shares edged 0.3 percent lower on Monday, falling for the third day, on concerns over US fiscal woes, Greece's bailout and profit warnings from corporates.   Top insurer QBE Insurance Group plunged as much as 15 percent to a 10-month low after cutting its full-year profit outlook on Hurricane Sandy and large catastrophe claims. It ended 8.3 percent lower at A$11.80.   The benchmark S&P/ASX 200 index fell 14 points to 4,448, according to latest available data. ...
Australia shares off lows as jobs top forecast  MELBOURNE: Australian shares fell 0.8 percent on Thursday, paring steeper losses after local October employment figures topped expectations with a steady jobless rate of 5.4 percent, a modestly encouraging report that boosted the local dollar.   "The full-time component has been up for four consecutive months now," said Su-Lin Ong, senior economist at RBC Capital Markets.   "You've got to take the numbers at face value and they suggest a moderate-type economy," she said.   The benchmark S&P/ASX 200 index was ...
Australia shares up 0.7pc, led by banks and miners  MELBOURNE: Australian shares rose 0.7 percent on Wednesday, with banks and miners to the fore, but investors were cautious awaiting Wall Street's reaction to the re-election of USPresident Barack Obama.   Retailers declined after policymakers left Australia's official cash rate unchanged this week.   "Local investors were trading in non-committal fashion today until we see what verdict Wall Street delivers in response to the election result," said Tim Waterer, trader at CMC Markets.   The benchmark S&P/ASX 200 index gained 31.7 points ...
Australia shares rebound, retail sales beat expectations  SYDNEY: Australian shares rebounded from early losses on Monday after stronger-than-expected domestic retail sales figures helped boost sentiment, offsetting softer metals prices and a weak lead from offshore.   Australian retail sales rose a shade more than expected in September, although spending dipped for whole third quarter and opinions remain divided on whether interest rates will be cut again this week.   The S&P/ASX 200 index rose 0.3 percent or 14 points to 4,474.1 according to latest data. The ...
Australia shares edge up; capped by earnings, caution over US data SYDNEY: Australian shares inched up 0.1 percent on Friday but ended the week 0.3 percent lower, with miners rallying on strong metal prices, while gains were capped by sluggish earnings and caution ahead of the release of US jobs data.   The S&P/ASX 200 index added 2.5 points to 4,460.1, according to the latest data. The benchmark fell 1.3 percent on Thursday, the biggest one-day percentage loss since late July.   New Zealand's benchmark NZX 50 index slipped 0.5 ...
Australian shares close at one-week high, miners top gainers  MELBOURNE: Australian shares rose 0.7 percent to a one-week closing high on Wednesday as a rebound in copper prices boosted miners, although top lender, National Australia Bank , lost ground after it reported a drop in cash profits for the first time in three years.   With the US stock market closed for a second day in the wake of Hurricane Sandy, investors took the cue from European equities which were higher on a slew of shareholder-friendly ...

 



 
Index Closing Chg%
Arrow DJIA 16,380.41 1.63
Arrow Nasdaq 4,258.44 0.97
Arrow S&P 1,886.76 1.29
Arrow FTSE 6,310.29 1.85
Arrow DAX 8,850.27 3.12
Arrow CAC-40 4,033.18 2.92
Arrow Nikkei 14,532.51 1.40
Arrow H.Seng 23,023.21 0.53
Arrow Sensex 26,108.53 0.42





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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 10, 2014
Reserves $13.401 bln