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Australia shares lose grip on 4,000; Woodside slumps           SYDNEY: Australian shares extended losses to 1.6 percent on Friday, falling for the sixth down day in a row, with banks and miners hit hard on worries about the euro zone crisis. For the week, the market was down 4.7 percent, its worst week in two months. Shares in Woodside Petroleum tumbled 9 percent after its production forecast fell short of most analysts' expectations. Still, volumes remained light, as has been the case for weeks, as the apparently endless euro debt saga saps confidence and keeps investors sidelined. The benchmark S&P/ASX 200 index lost 63.4 points to 3,980.8 at 0350 GMT, breaking key technical and psychological support around 4,000. The index eased 0.2 percent on Thursday. New Zealand's benchmark NZX 50 index was down 0.9 percent to 3212.8. STOCKS ON THE MOVE Woodside Petroleum lost as much as 9 percent and was last down 7.4 percent to A$32.85 after its quarterly update. Traders said its 2012 ...

SYDNEY: Australian shares slipped 0.7 percent on Tuesday, but ended well off the days lows, with fears about the ability of politicians on either side of the Atlantic to tackle huge debt burdens continuing to weigh on investor confidence. With major European and US markets falling sharply on Monday, along with prices for raw materials such as copper and oil, Australia's resilience was notable. "A surprisingly strong performance from the Australian market today, given the negative leads ...
Australia shares dip on global fears; Onesteel slides           SYDNEY: Australian shares fell 0.7 percent in morning trader on Tuesday, as fears over out-of-control government debt on both sides of the Atlantic sent investors scurrying for safety. In Europe, Moody's warned about France's rating outlook and Spanish yields rose following the election of a new government, escalating concerns of contagion. The US congressional committee also failed to reach an agreement on reducing US government deficits. "The super committee in the US, after many, many ...
Australia shares edge higher in early trade; BHP up  SYDNEY: Australian shares were marginally firmer on Thursday with firmer metal prices partly offsetting the impact of growing doubts that governments in Europe can contain the euro zone debt crisis. Global miner BHP Billiton climbed 0.7 percent, as it warned shareholders at Thursday's annual meeting that some customers are starting to face tighter access to trade finance and some are cutting production.. Rival Rio Tinto was 0.9 percent higher. The benchmark S&P/ASX 200 index was up 0.27 percent ...
Australia shares underpinned by strong Rio, Qantas        SYDNEY: Australian shares were mixed on Wednesday, underpinned by gains in top miners and a rally in Qantas Airways, but dragged by banks as uncertainty continues over momentous political and economic changes in Europe. US stocks recovered as Mario Monti, Italy's prime minister-designate, is expected to complete the process of forming a government in less than three days, much faster than normal. For details see. "The market's just holding on," said Lucinda Chan division director ...
Australia shares end down on Europe nerves     SYDNEY: Australian shares ended lower on Tuesday on worries the debt crisis in Europe could still spark a meltdown, but uranium companies got a boost on hopes that Australia will lift a ban on uranium exports to India. Activity was thin, with not even half the average volume trading on several major stocks, including Telstra Corp , Woolworths and Westpac Banking Corp, with investors staying out of the market. The benchmark S&P/ASX 200 index lost 19 ...
Australia shares dip on Europe woes; uranium warms              SYDNEY: Australian shares slipped 0.3 percent on Tuesday morning on fresh worries that the debt crisis in Europe is far from being resolved, but uranium companies got a boost on hopes that Australia will lift a ban on uranium exports to India. Volumes were thin across the board, with investors too nervous to get back into the market on the dim outlook for Europe. "The markets are very gun-shy," said Tony Russell, senior equities adviser at RBS ...


Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,516.27 0.68
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58

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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