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Australia shares nudge higher on China PMI; banks lead SYDNEY/WELLINGTON: Australian shares added 0.2 percent on Thursday, extending a six-year high, as Wall Street climbed and sentiment was boosted by a preliminary Chinese manufacturing index rising at its fastest pace in 18 months. Banks propped up the local market with Commonwealth Bank of Australia and National Australia Bank adding 0.4 percent and 0.2 percent each. The S&P/ASX 200 index added 8.2 points to 5,584.9 by 0222 GMT, its highest since June 2008. The benchmark added 0.6 percent on Wednesday. The index has been underpinned by signs that the economy in China, Australia's largest export market, is regaining momentum, while a robust earnings season in the United States has also lifted investor sentiment. "It's just drifting higher in front of reporting season, that might change in a week or two's time so we'll just have to wait and see," said Donald Williams, chief investment officer at Platypus Asset Management. Miners ...

Australia shares add 0.6pc to close at 6-year high SYDNEY: Australian shares added 0.6 percent on Wednesday to close at six-year highs with gains across all major sectors after Wall Street rose on solid earnings, but tensions in Gaza and Ukraine kept gains in check. The S&P/ASX 200 index climbed 33.4 points to 5,576.7 at the close of trade, its highest point since June 2008.The benchmark edged 0.1 percent higher on Tuesday. New Zealand's benchmark NZX 50 index added 0.2 percent or 12.7 points ...
Australia shares trade at new 6-year highs, miners strong SYDNEY/WELLINGTON: Australian shares added 0.7 percent on Wednesday, rising to fresh six-year highs after Wall Street gained on solid earnings and investors digested a mixed inflation report, but tensions in Gaza and Ukraine kept gains in check. Blue chip stocks underpinned the market, with the 'Big Four' banks gaining ground and global miners rising as zinc hit a three-year high and aluminium touched a 16-month peak overnight. Among top-tier miners, BHP Billiton Ltd, the world's ...
Asia stocks mostly higher, optimistic on US earnings SYDNEY: Most Asian stock markets edged higher on Monday as investors set aside geopolitical concerns for the moment to focus on the generally upbeat flow of US corporate earnings ahead of a host of results due this week. Volumes were very light as Japanese markets took a holiday. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent, with modest increases for most markets across Asia. Spread betters predicted opening gains of 0.1 to ...
Australia shares tick higher, though constrained by resources SYDNEY/WELLINGTON: Australian shares rose 0.2 percent on Monday, underpinned by a rebound on Wall Street and a robust banking sector, though gains were limited by the resources sector as metals prices fell. US stocks rose on Friday, rebounding a day after the S&P 500 suffered its worst slide since April 10, with the three major indexes gaining. Commonwealth Bank of Australia, Australia's top bank by market capitalisation, added 0.1 percent, while top lender by assets, ...
Asian stocks shade firmer, upbeat on US earnings SYDNEY: Asian stocks were a fraction firmer on Monday as investors set aside geopolitical concerns for the moment to focus on the generally upbeat flow of US corporate earnings ahead of a host of results due this week. Volumes were light, however, with Japanese markets on holiday.MSCI's broadest index of Asia-Pacific shares outside Japan added 0.24 percent, with small gains for most markets across Asia.A crowd of US companies report this week, ranging from Apple ...
Australia shares edge higher on miners, AGL falls after carbon repeal SYDNEY: Australian shares rose 0.1 percent on Thursday as Wall Street edged higher and firmer metal prices helped prop up the mining space, though a fall in the country's second-largest power retailer tempered gains. AGL Energy Ltd tumbled 5.5 percent, its largest one-day percentage fall since 2009, after saying the federal government's repeal of the carbon tax will hurt its profit by approximately A$186 million.The S&P/ASX 200 index eased 3.5 points to 5,522.4 points at ...


Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,819.75 0.20
Arrow DAX 9,470.17 0.08
Arrow CAC-40 4,381.04 0.34
Arrow Nikkei 15,424.59 0.23
Arrow H.Seng 24,742.06 0.01
Arrow Sensex 26,638.11 0.29

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln