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Australian shares slip on lower oil prices, NZ outperforms SYDNEY/WELLINGTON: Australian shares fell for a second session on Tuesday with investors giving some of the mining and energy shares a wide berth amid weakness in oil and iron ore prices. The benchmark S&P/ASX 200 index was down 0.6 percent, or 32.2 points, at 5,390.5 at 0156 GMT, extending a 0.8 percent decline in the previous session. Oil explorers and producers including Senex, Karoon Gas and AWE all suffered falls of between 3 and 5 percent following a renewed slide in oil prices. Sellers also set their sights on small iron ore miners such Mount Gibson Iron, BC Iron and Atlas Iron , driving their share prices sharply lower. Atlas Iron fell as much as 13.3 percent to A$0.195 at one stage, placing it among the worst performers in the S&P/ASX 200 index. Traders said there are worries that small and high cost miners will struggle to break even as ...

Australian shares end lower as weak commodity prices weigh SYDNEY: Australian shares closed lower for a second day on Tuesday with energy firms and iron ore miners pressured by weak commodity prices. The benchmark S&P/ASX 200 index fell 0.3 percent, or 18.00 points, to 5,404.7, taking losses since Monday to 1.1 percent. Mount Gibson Iron and Atlas Iron both tumbled 11 percent. Oil explorers and producers were also hit hard with Horizon Oil ending 7.1 percent lower. In contrast, investors snapped up gold miners ...
Australia shares fall as oil, iron slide outweighs upbeat jobs data SYDNEY: Australian shares fell on Monday as investors looked past upbeat domestic employment data and sold down resource sectors following continued weakness in the prices of oil and iron ore. Weak US jobs data and a negative lead from offshore equities markets also weighed down the bourse with most major sectors declining by mid-session. The S&P/ASX 200 index ended down 42.9 points or 0.8 percent at 5,422.7. New Zealand's benchmark NZX 50 index rose 0.4 ...
Australia shares fall on weak oil, ore prices SYDNEY/WELLINGTON: Australian shares fell on Monday as investors looked past upbeat domestic employment data and sold down resource sectors following continued weakness in the prices of oil and iron ore.Weak US jobs data and a negative lead from offshore equities markets also weighed down the bourse with most major sectors declining by mid-session. "Everyone is sitting on the sidelines," said Quay Equities head of trading Tristan K'Nell, noting a slight uptick when data showed Australian ...
Australia & NZ shares edge up on encouraging data SYDNEY: Australian shares gained 0.5 percent on Thursday after encouraging data in the United States and at home helped the market break two days of losses.Shares in financial and mining companies pulled the market higher, in the contrast to the energy sector which fell 0.7 percent.The S&P/ASX 200 index rose 27.889 points to close at 5,381.5, but it was still down 1 percent this week.New Zealand's benchmark NZX 50 index edged up 0.3 percent or ...
Australia & NZ shares bounce on upbeat data and falling bond yields SYDNEY/WELLINGTON: Australian and New Zealand shares bounced higher on Thursday, after encouraging U.S. data boosted risk appetite, while upbeat domestic building approvals further supported sentiment.The S&P/ASX 200 index gained 33.2 points or 0.6 percent to 5,386.9 by 0132 GMT, snapping two sessions of losses, though the benchmark was still down 1 percent so far this week."There is a bit of a relief rally in response to better-than expected data in the United States and Germany," ...
Australia, NZ dollars jump on euro, pound SYDNEY/WELLINGTON: The Australian and New Zealand dollars extended gains on the euro on Thursday, as the threat of deflation reinforced expectations of bolder stimulus steps by the European Central Bank (ECB).The euro fell to a one-month low of A$1.4596 and was testing support around A$1.4590. It has lost 1.5 percent so far this week and seven cents since a high in December.Against the kiwi, the euro sank to a 20-month low around NZ$1.5190. A break ...

 



 
Index Closing Chg%
Arrow DJIA 18,024.06 1.03
Arrow Nasdaq 5,005.39 1.29
Arrow S&P 2,108.29 1.09
Arrow FTSE 6,985.95 0.36
Arrow DAX 11,454.38 0.19
Arrow CAC-40 5,046.49 0.14
Arrow Nikkei 19,531.63 0.06
Arrow H.Seng 28,133.00 0.94
Arrow Sensex 27,011.31 0.79





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 30, 2015
Reserves $17.717 bln