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Australia shares dip on miners, Myer, but US exposed stocks buoyant SYDNEY: Australian shares shed 0.51 percent on Thursday with miners slipping after iron ore prices continued to decline, while investors dumped retailer Myer Holdings Ltd after a disappointing earnings report. Elsewhere, startlingly strong Australian jobs data helped the Aussie currency bounce, though it was still hovering near five-month lows, which helped stocks with large revenues in US dollars buoy the market. The S&P/ASX 200 index fell 28.18 points to 5,546.1 at the close of trade, after hitting its lowest level in three weeks. The benchmark had its worst day in a month on Wednesday, losing 0.6 percent.New Zealand's benchmark NZX 50 index rose 0.5 percent or 25.67 points to finish the session at 5,62.32. Copyright Reuters, 2014 ...

Australia shares dragged lower by iron ore, retailer Myer slumps SYDNEY/WELLINGTON: Australian shares reversed early gains to slip 0.2 percent on Thursday as weakness among miners, while investors dumped retailer Myer Holdings Ltd after a disappointing earnings report. But, with the Aussie dollar weakening, stocks in companies who receive a large portion of their revenues in US dollars helped shore up the market. Myer dropped 8.5 pecent to trade at six-week lows after the department store operator posted a 22.6 percent fall in annual profit. ...
Australia shares post biggest 1-day loss in a month, consumer confidence slumps SYDNEY: Australian shares had their worst day in a month on Wednesday as most sectors fell after Wall Street declined on fears of earlier-than-expected Fed rate hikes, plus a measure of Australian consumer confidence slumped. The S&P/ASX 200 index tumbled 0.6 percent, its biggest loss since Aug. 8. It lost 33.6 points to 5,574.3 at the close of trade. The benchmark rose 0.5 percent on Tuesday. New Zealand's benchmark NZX 50 index slipped 0.1 percent, ...
Australia shares dip to 3-1/2 week lows, consumer sentiment data drags SYDNEY/WELLINGTON: Australian shares lost 0.7 percent on Wednesday as most sectors sold off after Wall Street lost ground overnight on fears of earlier than expected Fed rate hikes, and a measure of Australian consumer confidence slumped. The Westpac-Melbourne Institute consumer sentiment index suffered a sharp reversal showing a drop of 4.6 percent in September, from August when it jumped 3.8 percent, as households became more concerned about the outlook for the economy and employment. Among ...
Australia shares pulled up by banks, miners; dip in business conditions cap SYDNEY: Australian shares rose 0.5 percent to end at their session highs on Tuesday, underpinned by blue-chip banking and mining stocks, though a dip in business conditions tempered investor enthusiasm, keeping the index near three-week lows. The S&P/ASX 200 index climbed 30.9 points to 5,607.9 at the close of trade, snapping four sessions of losses. The benchmark dipped 0.4 percent on Monday.New Zealand's benchmark NZX 50 index declined 0.3 percent or 18 points to 5,243.7.Copyright ...
Australia shares close near three-week lows, iron ore price weighs SYDNEY: Australian shares lost 0.6 percent on Friday to finish near three-week lows as the resource sector was hit by a rout in iron ore prices and sentiment was hurt by Wall Street's decline. The S&P/ASX 200 index dropped 32.6 points to 5,598.7 at the close of trade, suffering its biggest one-day percentage loss in a month. The benchmark, which shed 0.4 percent on Thursday, and lost 0.5 percent for the week, its second week ...
Australia shares fall, many investors stay on sidelines SYDNEY/WELLINGTON: Australian shares fell 0.4 percent on Thursday, with broad-based selling rooted in weakness in resources after iron ore prices fell overnight to near five-year lows. Many investors, still digesting a mixed earnings season the past two weeks, sat on the sidelines hoping geopolitical tensions will ease. "There's no definite lead coming out of the United States. Investors are a bit cautious about geopolitical tensions," said Tony Russell, senior equities adviser at RBS Morgans Reynolds ...


Index Closing Chg%
Arrow DJIA 16,614.81 1.31
Arrow Nasdaq 4,419.48 2.40
Arrow S&P 1,941.28 1.96
Arrow FTSE 6,372.33 1.68
Arrow DAX 8,886.96 1.94
Arrow CAC-40 4,081.24 2.25
Arrow Nikkei 14,804.28 2.03
Arrow H.Seng 23,088.58 0.08
Arrow Sensex 26,575.65 0.55

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln