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Australia shares fall for third consecutive session on Fed uncertainty SYDNEY: Australian shares fell 0.4 percent on Tuesday dragged down by bluechip stocks in a broad-based selloff as Wall Street declined overnight and investors continued to fret about when the US Federal Reserve will start tapering its stimulus.The Big Four banks were trading lower, with top lender the Commonwealth Bank of Australia fell 0.6 percent while Australia and New Zealand Banking Group lost 0.8 percent. Westpac Banking Corp slipped 0.4 percent.Bellwether miners BHP Billiton Ltd and Rio Tinto Ltd lost 0.6 percent and 0.9 percent respectively after copper prices fell for a second straight session on a weak euro and concerns about supply.The S&P/ASX 200 index fell 22.7 points to 5,229.8 by 0122 GMT, a third consecutive session of falls. The benchmark fell 0.5 percent on Monday."I do think that there was a sense of complacency before, about the Fed being able to drive the market higher simply through doing ...

Australia shares retreat but post sixth weekly gain SYDNEY: Australian shares fell 0.4 percent on Friday, retreating from a five-year high hit the previous day as markets took a breather following a rally on the back of the US Federal Reserve's decision to maintain its stimulus programme.The S&P/ASX 200 index lost 18.9 points on the day to close at 5,276.7, but finished 1 percent higher for the week, a sixth consecutive week of gains.New Zealand's benchmark NZX 50 index fell 0.5 percent or ...
US stocks mixed after lackluster retail sales report NEW YORK CITY: US stocks were mixed Friday morning after a lackluster August reports on retail sales.At 11 am (1500 GMT) the Dow Jones Industrial Average was up 51.92 (0.34 percent) to 15,352.56.The broad-based S&P 500 gained 2.35 (0.14 percent) to 1,685.77, while the tech-rich Nasdaq Composite lost 5.68 (0.15 percent) at 3,710.29.US retail sales, a closely watched benchmark of economic health, rose just 0.2 percent in August, below the 0.4 percent expected by analysts.The ...
Australia shares rise to 5 year closing high after weak job data SYDNEY: Australian shares rose 0.2 percent on Thursday, extending their rally to a fifth straight session on post-election optimism and growing signs of China's economic strength, with some investors pricing in another rate cut after worse-than-expected job data.Australia's statistics office reported employment fell by a surprising 10,800 jobs in August, pushing the jobless rate to a four-year high of 5.8 percent -- which could add weight to the case for a cut in interest rates ...
Australia shares hover at 4 month high SYDNEY: Australian shares edged up 0.1 percent in choppy trade on Thursday morning, slightly extending their gains after the recent rally on post-election optimism and growing signs of China's economic strength, with some cautious investors preparing for a correction ahead.Australia's statistics office reported employment falling by a surprising 10,800 jobs in August, pushing the jobless rate to a four-year high of 5.8 percent -- which could add weight to the case for a cut in ...
Australia shares close at highest level in more than 5 years SYDNEY: Australian shares rose 0.6 percent to their highest close in more than five years after Wall Street rose overnight on hopes that US military action against Syria can be avoided, but a modest fall in gold capped gains.The S&P/ASX 200 index added 33.2 points to finish at 5,234.4, its highest since late June 2008. The benchmark rose 0.4 percent on Tuesday.New Zealand's benchmark NZX 50 index rose 0.2 percent to 4,634.9. Copyright Reuters, 2013 ...
Australia shares rise on Coalition election victory, solid Chinese data SYDNEY: Australian shares rose 0.4 percent on Monday after a conservative coalition won a landslide victory in the federal election, while strong data released from Australia's top export market China also boosted investor sentiment.The local bourse posted a modest gain as the incoming government led by Prime Minister-elect Tony Abbott promised to reboot a stalled mining boom and revive an appetite for investment.Miners rose, underpinned by a lift in copper prices as investors bet a ...


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