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Australia shares set to open lower as resources sag MELBOURNE: Australian shares are set to retreat from a six-week high on Tuesday, under pressure from the resources sector, with iron ore and oil prices slipping.Local share price index futures fell 0.3 percent to 5,423.0, sitting at a 36-point discount to the underlying S&P/ASX 200 index close. The benchmark rose 0.9 percent on Monday to its highest close since Sept 15.New Zealand's benchmark NZX 50 index slipped 1.7 points to 5,332.1 in early trade.US stocks ended near flat on Monday, pausing after the S&P 500's biggest weekly gain since January 2013, while energy shares fell with another decline in oil prices.Copper rose on Monday on news of planned strike action in Indonesia and Peru, though gains were limited by an expected surge in supply of the metal next year. Gold also fell as crude oil prices tumbled.Global miner BHP Billiton has put its Fayetteville shale gas assets in Arkansas up ...

Australia shares rise on optimism over US, European economies SYDNEY/WELLINGTON: Australian shares rose by mid-session on Monday, as investors shrugged off concerns about the US Federal Reserve winding back its stimulus plan and strong momentum from Wall Street.Financial sector stocks pulled the market higher ahead of a widely expected announcement from the Fed this week that it will end quantitative easing - a sign the world's largest economy is recovering.A European Central Bank report suggesting Europe's top lenders have largely repaired their finances since ...
Australia shares close higher on hopes for US economy SYDNEY: Australian shares rose to a six-week high on Monday, encouraged by Wall Street's strong momentum as investors shrugged off concerns about the US Federal Reserve winding back its stimulus plan.Financial sector stocks pulled the market higher in anticipation that the Fed will announce an end to its third round of quantitative easing - a sign the world's largest economy is recovering - in a statement at the end of the two-day Federal Open Market ...
Australian shares rise, led by banks; NY Ebola reports temper gains SYDNEY/WELLINGTON: Australian shares added 0.4 percent on Friday, underpinned by financials and yield stocks, although the index fell from its highs after reports a doctor who had recently returned to New York from West Africa had tested positive for Ebola.The doctor was working for humanitarian organisation Doctors Without Borders in Guinea, one of three West African countries hardest hit by the Ebola outbreak.High-yielding financials underpinned the index, with Commonwealth Bank of Australia rising 0.7 percent ...
Australia shares edge down on Wall St slide; NZ at record high SYDNEY: Australian shares stepped back from a one-month high on Thursday, as weakness on Wall Street and a mixed picture on Chinese manufacturing activity sidelined buyers.A survey showing China's vast factory sector grew a shade faster in October helped lift stocks of their lows but analysts said the numbers did not yet point to a turnaround for the cooling economy, Australia's largest trade partner.A shooting incident at the Canadian parliament in Ottawa also unnerved investors.The ...
Australian shares end flat after Chinese GDP SYDNEY: Australian shares lost early gains to end little changed on Tuesday in weak volume after data showing China's economy grew in the third quarter at its slowest pace since the global financial crisis. Economic growth in China, Australia's No.1 trading partner, slowed to a near-six-year low of 7.3 percent in the third quarter from a year earlier. The figure was slightly above market expectations for 7.2 percent, but down from 7.5 percent in the ...
Australia shares pare early gains as China GDP eyed SYDNEY/WELLINGTON: Australian shares pared early gains on Tuesday, clocking their six straight positive session, but volumes were low as investors stayed on the sidelines ahead of Chinese economic growth data due later in the day.Solid overnight gains on Wall Street led by strong corporate earnings provided some support to the market.Data due at 0200 GMT is expected to show that China's economy grew at its weakest pace in more than five years in the third ...


Index Closing Chg%
Arrow DJIA 17,959.44 0.87
Arrow Nasdaq 4,781.43 0.34
Arrow S&P 2,078.54 0.38
Arrow FTSE 6,576.74 0.48
Arrow DAX 9,865.76 0.81
Arrow CAC-40 4,254.43 0.30
Arrow Nikkei 17,635.14 0.08
Arrow H.Seng 23,408.57 1.26
Arrow Sensex 27,701.79 1.21

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyDecember 22, 2014
Reserves $14.042 bln