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Australia shares ease to 2-1/2-week lows, investors skittish on global worries SYDNEY/WELLINGTON: Australian shares eased 0.3 percent on Wednesday, falling to 2-1/2-week lows with blue chip stocks pulling the market lower as Wall Street slumped and investors were unnerved by geopolitical tensions.Among top stocks on the ASX 200, Westpac Banking Corp shed 0.5 percent, while National Australia Bank lost 0.7 percent.Food grocer Woolworths Ltd declined 0.7 percent, while blood products maker CSL Ltd dropped 1.1 percent. Australia's top telecommunications provider Telstra Corporation Ltd helped buoy the market, adding 0.6 percent to buck the trend. The S&P/ASX 200 index slid 18.7 points to 5,499.9 by 0222 GMT, set for its fourth consecutive session of losses. The benchmark hit a six-year high of 5,644.2 on July 31, but has been routed in recent sessions in tandem with Wall Street as investors fret that the US Federal Reserve may raise interest rates sooner than expected. "We're off to a bit of a tough start ...

Asia shares worn out by Wall St, oil near 9 month low SYDNEY: Asian stocks fell broadly on Wednesday while the US dollar held firm after a slump on Wall Street and tensions over Ukraine instilled a mood of risk aversion across markets. Geopolitical concerns overshadowed upbeat US economic data which included a spike in service-sector activity to a nine-year peak and a surprisingly large increase in factory orders. Yet there was potentially positive news for the global economic outlook as oil prices continued their slide, with ...
Australia shares close at 2-1/2 week lows, Cochlear jumps SYDNEY: Australian shares shed 0.4 percent on Tuesday to close at 2-1/2 week lows as investors remained cautious at the start of earnings season, selling big-name stocks, though sentiment was buoyed by results from Bionic ear maker Cochlear. Cochlear vaulted 10.3 percent to A$69.00, its highest price since May 2013. The S&P/ASX 200 index dipped 22.3 points to 5,518.6 at the close of trade. The benchmark eased 0.3 percent on Monday. Australia's central bank kept ...
Australia shares slip, healthcare sector buoyed by Cochlear results SYDNEY/WELLINGTON: Australian shares slipped 0.2 percent on Tuesday to hover at 2-1/2 week lows as investors remained cautious at the start of earnings season, though sentiment was underpinned by the healthcare sector as investors cheered results from Cochlear. Among losing stocks, top banks Australia and New Zealand Banking Group and National Australia Bank declined 0.5 percent and 0.3 percent. The market will also be watching the outcome of the Reserve Bank of Australia's policy meeting, ...
Australia shares close 0.3pc lower at two-week lows, retailers lift SYDNEY: Australian shares eased 0.3 percent to two-week lows, after Wall Street fell for a second session, though a rise in gold capped broader losses and better-than-expected retail sales buoyed sentiment. The S&P/ASX 200 index fell 15.5 points to 5,540.9 at the close of trade. The benchmark tumbled 1.4 percent on Friday and declined 0.5 percent for the week, snapping two weeks of gains. New Zealand's benchmark NZX 50 index declined 0.4 percent or 19.2 ...
Australia shares ease to 2-week lows, retailers support SYDNEY/WELLINGTON: Australian shares eased 0.4 percent in early trade after Wall Street fell for a second session, though a rise in gold capped broader losses and better-than-expected retail sales buoyed sentiment.US stocks ended lower for a second day on Friday and the S&P 500 posted its biggest weekly decline since 2012 as US job growth slowed in July and the unemployment rate unexpectedly rose. The financial sector weakened with Westpac Banking Corp and National Australia ...
Australia shares trade at 6-year highs, resources cap gains SYDNEY/WELLINGTON: Australian shares added 0.3 percent on Thursday to hit another six-year high with the banking sector and an uptick on Wall Street supporting gains. The S&P 500 and Nasdaq ended higher overnight after the Federal Reserve gave a rosier assessment of the US economy while reaffirming that it is in no hurry to raise interest rates.The banking sector climbed higher, led by Commonwealth Bank of Australia which added 0.7 percent to trade at a ...


Index Closing Chg%
Arrow DJIA 17,265.99 0.64
Arrow Nasdaq 4,593.43 0.68
Arrow S&P 2,011.36 0.49
Arrow FTSE 6,819.29 0.57
Arrow DAX 9,798.13 1.41
Arrow CAC-40 4,464.70 0.75
Arrow Nikkei 16,067.57 1.13
Arrow H.Seng 24,168.72 0.85
Arrow Sensex 27,112.21 1.81

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln