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Australia shares at highest level since May 2011  MELBOURNE: Australian shares rose 0.7 percent to reach their highest close in more than 19 months on Thursday as investors snapped up exporters such as miners on encouraging news from the world's two biggest economies.   Data showing growth in China's services sector accelerated at its fastest pace in four months reinforced the spike in world stocks and commodity prices which followed news that the US avoided a "fiscal cliff" budget crunch..   Miners gained, with iron ore producer Fortescue Metals rising 2.4 percent to A$5.04, its best close in six months.   "Investors have embraced companies or industry sectors that are more dependent on economic growth like retailers, miners and energy producers," said Craig James, economist at broker CommSec.   "A stronger global economy means increased demand for raw materials, potentially lifting raw material prices," he said.   The benchmark S&P/ASX 200 index rose 35 points to 4,740.7, according to the latest data, its highest since May 19, 2011. ...

Australia shares rise to 19-month high on US fiscal talks  MELBOURNE: Australian shares climbed to a 19-month high in the first trading session of 2013, led by top miners, after the US Senate passed a bill to avert tax hikes and spending cuts that could push Australia's top foreign investor back into recession.   The benchmark S&P/ASX 200 index, which ended 2012 up 14.6 percent, its best annual gain since 2009, rose 1 percent to 4,695 as of 0157 GMT. That was the highest since June 1, ...
Australia shares up 0.3pc; Fortescue gains  MELBOURNE: Australian shares rose 0.3 percent on Thursday, following a two-day break from trade, with volumes light as final efforts to avert or at least postpone a US "fiscal cliff" get underway.   The benchmark S&P/ASX 200 index rose 13 points to 4,648.0, after rising 0.3 percent in a short session on Monday.   New Zealand's benchmark NZX 50 index rose 0.2 percent to 4,065.5.   Fortescue Metals Group rose 4.1 percent after announcing it will develop its Kings deposit to ...
Australia shares steady near 17-month highs  SYDNEY: Australian shares remained at near 17-month highs on Thursday, following losses on Wall St overnight, amid high volume due to the expiry of December ASX SPI 200 derivatives contracts.   Wall St fell on Wednesday as confidence waned that a deal could be struck soon to avoid the "fiscal cliff".   The expiry of the December quarter SPI 200 futures and options and December equity options and index options on Friday boosted volumes as investors traded off before ...
Australia shares seen pushing ahead to fresh 17-mth highs  MELBOURNE: Australian shares may rally beyond 17-month highs on Wednesday after US stocks, oil and base metal prices all rose on signs of progress in talks to avoid the U.S. "fiscal cliff".  * The stock index futures rose 0.6 percent to 4,631, a 35.8-point premium to the underlying S&P/ASX 200 index. The benchmark climbed 0.5 percent on Tuesday to 4,595.2.  * New Zealand's benchmark NZX 50 index rose 0.6 percent to 4,002.5 in early trade.  * US stocks ...
Australia shares drift back from 17-month high  MELBOURNE: Australian shares slipped 0.2 percent in thin trade on Monday as investors began winding down ahead of the end of year holiday season, though the resource sector found support from firm iron ore prices, which had helped the market to a 17-month high last week.   Banks, healthcare and other industrial shares posted modest declines, while mining stocks were held up by the rally in iron ore prices and an encouraging manufacturing survey from China on ...
Australia shares rise near 17-month high led by resource sector  CANBERRA: Australian shares neared a 17-month high on Wednesday, as the resource sector rose on higher commodities prices.   Top miner BHP Billiton Ltd climbed almost 1 percent after it said it would sell its interest in the Browse liquefied natural gas project to PetroChina International Investment (Australia) Pty Ltd for $1.63 billion.   \Center>Copyright Reuters, 2012 ...


Index Closing Chg%
Arrow DJIA 16,974.31 0.18
Arrow Nasdaq 4,549.23 0.33
Arrow S&P 1,982.30 0.14
Arrow FTSE 6,453.87 0.81
Arrow DAX 9,082.81 0.16
Arrow CAC-40 4,110.64 0.05
Arrow Nikkei 15,553.91 1.46
Arrow H.Seng 23,819.87 1.27
Arrow Sensex 27,098.17 0.81

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln