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Australia shares edge higher as iron ore rebound stokes hopes SYDNEY/WELLINGTON: Australian shares rose on Monday as a rebound in the iron ore spot price and China's return from holidays encouraged investors to buy across the board. A media report that mining giant Rio Tinto will embark on a $5 billion share buyback added to the upward momentum in thin trade during the Australian summer holiday season. "The volumes are very low, way below average, so any move is exaggerated, on the upside and the downside," Quay Equities managing director David Reynolds said.After a sluggish lead from Wall St, the S&P/ASX 200 index opened lower before recovering in the early session to be up 0.25 percent or 13.47 points at 5449.9. Iron ore player Fortescue Metals Group led resources higher, gaining nearly 2 percent as the commodity's spot price continued a recent rebound from multi-year lows. Smaller Atlas Iron jumped 8.7 percent, the biggest gainer on the market, following a ...

Australia shares pop higher on miners, industrials SYDNEY: Australian shares gained 0.5 percent on Friday in the first trading day of 2015, buoyed by industrials and mining companies. The S&P/ASX 200 index closed 24.8 points higher at 5,435.9 in thin trade as many investors have yet to return from their New Year holidays.Weighed down by falling commodity prices, the benchmark rose a mere 1 percent in 2014 compared with the robust gains in the previous two years. New Zealand markets were closed ...
Australia shares seen off to quiet start, NZ stocks scale new heights SYDNEY: Australian shares are likely to have a quiet start on Tuesday, after falling oil prices held back Wall Street. The heavyweight resource and energy sectors may have a subdued session following Monday's gains.Local stock index futures fell 0.4 percent to 5,443 points, a 21-point discount to the close of the underlying S&P/ASX 200 index on Monday. The benchmark rallied 1.5 percent to its highest since mid-November in the last session and was on track ...
Weak commodities pummel Australian shares, NZ scales new heights SYDNEY/WELLINGTON: Australian shares retreated on Tuesday as commodity prices fell, while New Zealand stocks set a fresh record high. Trading volume is likely to remain thin this week with many investors away for New Year holidays. The market will be closed on Thursday. At 0118 GMT, the S&P/ASX 200 index was off 0.4 percent, or 21.38 points, to 5,452.4, but held near a seven-week peak of 5,486.7 touched in early trade. The benchmark rose 1.5 ...
Australia & NZ shares slip on weak commodity prices, Greece SYDNEY: Australian and New Zealand shares retreated on Tuesday as falling commodity prices and political uncertainty in Greece made investors avoid risk. The S&P/ASX 200 index, which gained 1.5 percent on Monday, slipped 1 percent to 5,416.600 at the close of trade, pulling back from a seven-week peak of 5,486.7.For the year, the benchmark was up 1.2 percent. On Tuesday, technology and energy sectors suffered the most, with losses of nearly 2 percent. Financials and ...
Australia shares set to open higher tracking Wall Street SYDNEY: Australian shares are likely to have a firm start on Monday after Wall Street closed at records on Friday.The S&P/ASX 200 index edged up in a shortened Christmas Eve session, while New Zealand's benchmark NZX 50 index eased 0.2 percent in early trade, a whisker away from record highs touched last week.For a summary of overnight action across global markets, double click onCopyright Reuters, 2014 ...
Australia shares rise in thin trade, NZ index hits record high SYDNEY/WELLINGTON: Australian shares rose 1 percent on Monday in thin holiday-time trading, led by gains in mining, energy and telecommunications, while New Zealand stocks rose to record highs. Trading volume is likely to remain thin this week, with many investors away for New Year holidays. The market will be closed on Thursday. At 01:17 GMT, the S&P/ASX 200 index was up 55.46 points to a seven-week peak of 5,450. Iron ore miner Fortescue Metals Group ...


Index Closing Chg%
Arrow DJIA 17,776.12 1.11
Arrow Nasdaq 4,900.89 0.94
Arrow S&P 2,067.89 0.88
Arrow FTSE 6,773.04 1.72
Arrow DAX 11,966.17 0.99
Arrow CAC-40 5,033.64 0.98
Arrow Nikkei 19,206.99 1.05
Arrow H.Seng 24,900.89 0.81
Arrow Sensex 27,957.49 0.07

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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 20, 2015
Reserves $16.132 bln