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Australia shares rise 1.1pc; materials, strong China market help SYDNEY: Australian shares rose 1.1 percent on Monday led by miners after a rise in metals prices helped lift the materials sector, while a surge in Chinese stocks to 3-1/2 week highs also buoyed the market.The S&P/ASX 200 index finished the session 53.5 points higher at 5,108.7. A handful of better-than-expected earnings provided the early boost to sentiment.The benchmark fell 1.2 percent last week, its biggest weekly drop in two months. New Zealand's benchmark NZX 50 index fell 0.3 percent or 11.3 points to finish the session at 4,522.3. Copyright Reuters, 2013 ...

Australia shares up on Telstra results, policy cues from jobs data SYDNEY: Australian shares rose 0.7 percent on Thursday morning, with phone giant Telstra Corp Ltd rising after reporting strong earnings, while buying picked up as an unexpected fall in employment appeared to bolster the case for another interest rate cut.Australia's July employment fell 10,200 against expectations for an increase of 5,000, while the jobless rate remained at 5.7 percent due to a falling participation rate.The data confirmed there was plenty of slack in the labour ...
Australia shares fall 1.3pc on weak US lead; banks, miners slump SYDNEY/WELLINGTON: Australian shares skidded 1.3 percent on Wednesday, its biggest fall in five weeks, hit by sharp falls in miners and financials as regional markets tracked a soft Wall Street lead amid uncertainty about the US Federal Reserve's stimulus programmeBellwether miners BHP Billiton Ltd and Rio Tinto Ltd each lost 1.6 percent.Among smaller miners, Iluka Resources Ltd dropped 2.3 percent while Indochine Mining Ltd plunged 5.3 percent after the company completed its capital raising at ...
Australia shares slip, investors cautious ahead of RBA outcome SYDNEY/WELLINGTON: Australian shares fell 0.4 percent on Tuesday morning after Wall Street dipped overnight, with investors exercising caution ahead of the company earnings season and a widely expected rate cut by the Reserve Bank of Australia due later in the day.The financials sector underperformed as investors cashed in on high-yielding stocks after a stellar performance from the banks this year. Top lender the Commonwealth Bank of Australia fell 0.8 percent while National Australia Bank dipped ...
Australia shares end 10 session run of gains, await central bank meeting SYDNEY: Australian shares slipped 0.2 percent in subdued trade on Monday, ending 10 consecutive sessions of gains, as investors maintained their positions ahead of the Reserve Bank of Australia's monetary policy meeting on Tuesday.Defensives dragged on the market. Blood products maker CSL Ltd tumbled 1.4 percent while food retailers Woolworths Ltd and Wesfarmers Ltd fell 0.7 percent and 0.3 percent respectively.The S&P/ASX 200 index fell 10.8 points to 5,106.2 by 0147 GMT, after total of ...
Australia shares inch up 0.2pc; banks slip on possible levy SYDNEY: Australian shares inched up 0.2 percent on Thursday after better-than-expected factory data from China helped offset a slide in bank shares triggered by a possible new levy on deposits.Big banks dropped more than 2 percent initially after media reported the Australian government was considering a levy on deposits to shore up its budget. Australia's Treasurer Chris Bowen confirmed later he was in discussion with banks about the levy.Top lender Commonwealth Bank of Australia ended ...
Australia shares reverse losses on RBA rates comments; end flat SYDNEY: Australian shares reversed early losses to finish flat on Tuesday after the central bank fuelled expectations of an interest rate cut, but investor caution before a US Federal Reserve policy meeting kept a lid on gains.The Reserve Bank of Australia's governor Glenn Stevens said inflation would be no bar to a cut in interest rates and the local currency could fall further.The S&P/ASX 200 index finished flat at 5,047.2. The benchmark had crept up ...


Index Closing Chg%
Arrow DJIA 18,285.74 0.01
Arrow Nasdaq 5,090.79 0.38
Arrow S&P 2,130.82 0.23
Arrow FTSE 7,013.47 0.09
Arrow DAX 11,864.59 0.14
Arrow CAC-40 5,146.70 0.26
Arrow Nikkei 20,202.87 0.03
Arrow H.Seng 27,523.72 0.22
Arrow Sensex 27,809.35 0.10

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln