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Australia shares tumble as commodities decline weighs on resources SYDNEY/WELLINGTON: Australian shares fell sharply on Monday as resources stocks followed oil and metals prices lower, while investors failed to take inspiration from late Wall St gains on Friday.United States energy giant Chevron Corp's $3.7 billion sale of its half stake in fuel firm Caltex Australia , Australia's biggest block trade ever, also pushed the benchmark lower in line with the stock's discounted sale price.Caltex fell 10 percent to A$34.22 after Chevron swiftly unloaded its long-held stake over the weekend at a floor price of A$34.20.By 0128 GMT, the S&P/ASX 200 index was down 1.3 percent or 78.9 points to 5841.0, its lowest since March 19."The commodity market is definitely the major factor," said Quay Equities head of trading Tristan K'Nell."The market's going to be very similar to last week with a lack of econmomic data not giving much of a catalyst to drive markets forward."Iron ore producer Fortescue Metals ...

Australia shares subdued; NZ's Fonterra pressured SYDNEY/WELLINGTON: Australian stocks struggled for direction on Wednesday with the benchmark index still looking for an excuse to push through the 6,000 level that will mark its highest in seven years.Keeping the overall market afloat were bank stocks, which returned to favour following a day of consolidation. Two of the big four banks hit fresh all-time highs. ANZ rose to A$37.08, while Westpac Bank topped out at A$39.89.The S&P/ASX 200 index was a mere 0.06 ...
Australia shares end 0.2pc up on commodity rally SYDNEY: Australian shares ended 0.2 percent higher on Tuesday led by gains in resources and energy-related stocks in line with firmer commodity prices.The S&P/ASX 200 index rose 12.96 points to 5,969.1 at the close of trade. It remained tantalisingly close to the 6,000-mark, which has proved to be a formidable barrier so far. Two attempts to break above that level this month ended in failure as profit-takers were quick to emerge.New Zealand's benchmark NZX 50 ...
Australia shares post biggest rally in 5 weeks on Fed outlook SYDNEY/WELLINGTON: Australian shares rose the most in five weeks on Thursday after the Federal Reserve suggested it may raise US rates later than previously thought while energy stocks followed the surging oil price higher.The Fed downgraded its economic growth and inflation projections for the US, triggering a relief rally on Wall St as investors bet that any rate hike will be later rather than sooner."Everyone feels the Fed's not quite as aggressive and will be ...
Australian shares set to dip on weaker oil, NAB woes SYDNEY: Australian shares are set to open lower on Monday, with top stock BHP Billiton and the energy sector under pressure from weaker oil prices, and National Australia Bank weighed down by uncertainty over the outlook for its UK assets.Local share price index futures fell 0.2 percent to 5,801.0 to sit at a 13.5-point discount to the underlying S&P/ASX 200 index close. The benchmark fell 0.7 percent last Friday.New Zealand's benchmark NZX 50 index gained ...
Australia shares ease, NZ stocks set new heights SYDNEY: Australian shares slipped on Friday, led by losses in mining and financials, putting the index on track to end the week sharply lower - in contrast with New Zealand stocks which scaled another all-time high. The S&P/ASX 200 index dropped 0.7 percent, or 39.8 points to 5,810.3 points. The benchmark climbed 1 percent on Thursday, its biggest daily rise in a month. The one bright spot came from the telecommunications sector after TPG Telecom ...
Australia shares down, but NZ stocks sets record peak SYDNEY/WELLINGTON: Australian shares fell on Friday as declining commodity prices sapped appetite across the board, putting shares on track to end the week sharply lower - in contrast with New Zealand stocks which scaled another all-time high.The S&P/ASX 200 index dropped 0.6 percent, or 37.9 points to 5,811.4 points by 02:49 GMT. The benchmark climbed 1 percent on Thursday, its biggest daily rise in a month. "It looked like investors closed long positions ahead of ...


Index Closing Chg%
Arrow DJIA 17,050.75 0.82
Arrow Nasdaq 4,810.79 0.41
Arrow S&P 2,013.43 0.88
Arrow FTSE 6,374.82 0.61
Arrow DAX 9,993.07 0.23
Arrow CAC-40 4,675.91 0.18
Arrow Nikkei 18,141.17 0.99
Arrow H.Seng 22,354.91 0.71
Arrow Sensex 26,845.81 0.70

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 08, 2015
Reserves $20.05 bln