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Australia shares up on Europe hopes, miners lead           SYDNEY: Australian shares closed 0.7 percent higher on Wednesday, consolidating recent gains on hopes that European leaders would agree to beef up the region's financial rescue fund to contain the debt crisis. The benchmark S&P/ASX 200 index gained 30.5 points to close at 4,292.5, recouping nearly half of Tuesday's loss. New Zealand's benchmark NZX 50 index drifted down 0.3 percent to close at 3,283.0. Copyright Reuters, 2011 ...

Australia shares down 1.2 percent, RBA cuts rates    SYDNEY: Australian shares fell 1.2 percent on Tuesday, weighed down by European credit rating worries which overshadowed the central bank cutting rates, positive news for retailers ahead of Christmas sales period. The Reserve Bank of Australia cut its main cash rate by 25 basis points to 4.25 percent, the second easing in as many months as inflation slowed at home and Europe's debt crisis dragged on economic growth globally. Some retailers pushed ahead after the central bank ...
Australia shares post fifth day of gains           SYDNEY: Australian shares rose 0.5 percent in morning trade, rising for the fifth straight session despite markets in Europe and the US failing to hold onto the previous day's big gains. "The market is doing very well, because it's holding the gains from yesterday," said Chris Kimber, Managing Director Fat Prophets. "There's definitely been a reasonable change in sentiment, because over the last few months there's been a sell of straight away after rallies like that," he ...
Australian stocks close 2.64 percent higher     SYDNEY: Australian shares gained 2.64 percent on Thursday after six of the world's major central banks moved to ease the flow of funds to financial institutions.   At the close, the benchmark S&P/ASX200 index was up 108.8 points at 4,228.6, but off its highs. It followed the central banks of the United States, the eurozone, Britain, Japan, Canada and Switzerland making cheaper US dollars available to commercial banks facing a lack of liquidity. They also made arrangements to lend ...
Australia shares off lows, investors hesitant        SYDNEY: Australian shares recovered early losses to edge higher on Wednesday, though big miners slipped on weaker demand for iron ore, and banks were mixed in light turnover. Encouragingly, Australia's private new capital expenditure rose 12.3 percent in the third quarter, beating forecasts, though other data showed annual growth in domestic housing credit has slowed to below 6 percent this year, a marked change from the double-digit pace of the previous decade. Investors are hesitant as ...
Australia shares turn lower, Austar slips     SYDNEY: Australian shares slipped 0.2 percent in early afternoon trade, giving up early gains after Australia's government trimmed its official growth and tax revenue forecasts, citing uncertainty over Europe's debt crisis. "We actually saw the initial drop following those comments by Treasurer Wayne Swan just lowering forecasts for the GDP growth over the next year or so, that has largely dampened sentiment," said Stan Shamu, Market Strategist IG Markets Sentiment was also hit by a report ...
Australian stocks open 1.71pc higher     SYDNEY: Australian shares rose 1.71 percent at the open on Monday after weekend reports that the International Monetary Fund could bail out Italy with up to 600 billion euros ($800 billion). At 10:15 am (2315 GMT) the benchmark S&P/ASX200 index was 68.0 points higher at 4,052.3. The risk-based Australian dollar also rallied and was trading at 98.30 US cents early in the session, from 96.95 US cents on Friday afternoon. Copyright AFP (Agence France-Presse), 2011 ...


Index Closing Chg%
Arrow DJIA 16,424.85 1.00
Arrow Nasdaq 4,086.23 1.29
Arrow S&P 1,862.31 1.05
Arrow FTSE 6,584.17 0.65
Arrow DAX 9,317.82 1.57
Arrow CAC-40 4,405.66 1.39
Arrow Nikkei 14,417.68 3.01
Arrow H.Seng 22,696.01 0.11
Arrow Sensex 22,277.23 0.92

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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