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Australia shares edge up, NZ stocks near record SYDNEY/WELLINGTON: Australian shares were subdued on Wednesday as mixed company earnings and no clear signal from Federal Reserve Chair Janet Yellen as to when the US central bank might raise interest rates gave little reason for investors to chase stocks higher.The S&P/ASX 200 index added 11.8 points to 5,938.8 points by 0149 GMT. The benchmark rose 0.3 percent on Wednesday, nearing a seven-year peak of 5,946.8 touched last week."The huge rally over the last six weeks put us at a level where it is difficult for investors to get enthusiastic about the market despite good leads from overseas and some good reports from Australian companies," said Michael McCarthy, chief market strategist at CMC Markets.Technology and basic materials led the gains, with mining giant BHP Billiton up 1.4 percent and Rio Tinto up 0.8 percent. Resources stocks were underpinned by firmer commodity prices, including a surge in copper.Shares in shopping centre ...

Australia, NZ dollars boosted by China PMI and Yellen SYDNEY/WELLINGTON: The Australian and New Zealand dollars rose on Wednesday after a survey showed better-than-expected activity in China's mammoth factories, while a drop in Treasury yields undermined their US counterpart.The Australian dollar powered to $0.7875, from $0.7814 in early trade, having touched a one-month peak of $0.7887. A sustained break above stiff chart resistance near $0.7880 would target the 55-day moving average of $0.8003. The Aussie has been under the 55-day MA since September.It was ...
Australia shares seen to open higher after Fed comments SYDNEY: Australian shares are set to open higher on Wednesday with resources stocks likely to underpin gains after Federal Reserve Chair Janet Yellen left the door open for a later than mid-year interest rate hike.Global miner BHP Billiton is expected to have a strong start following a 1 percent rise in its US ADRs , with investors looking to more earnings results, including engineering firm Worley Parsons.The local share price index futures rose 0.4 percent, ...
Australia shares hit 7-year closing high as investors cheer earnings SYDNEY, Feb 24 (Reuters) - Australian shares edged up to a seven-year closing high on Tuesday as promising results in the mining, finance and healthcare sectors underpinned buying.The S&P/ASX 200 index rose 19.0 points or 0.3 percent to 5,927.0, its highest close since May 2008.New Zealand's benchmark NZX 50 index fell 0.5 percent or 31.4 points to finish the session at 5723.0.Copyright Reuters, 2015 ...
Australia shares edge closer to 7-year highs SYDNEY/WELLINGTON: Australian shares gave up early losses to edge closer to the psychological level of 6,000 points, led by broad-based gains as investors shrugged off weak earnings reports from resources and energy-related companies.Sentiment was bouyed as the Dow and S&P500 ended at record highs on Friday after the Greek and euro zone finance ministers reached a deal to extend Greece's financial rescue plan by four months.The S&P/ASX 200 index rose 0.5 percent, or 27.76 points, ...
Australia shares set to fall as mixed earnings eclipse Greek bailout relief SYDNEY: Australian shares are expected to fall for a third straight session on Monday as the impact of a commodity price collapse on company profits outweighs any relief that Greece stuck a bailout deal with the eurozone.Greek and euro zone finance ministers agreed last week to extend the heavily indebted country's financial rescue by four months, cutting the risk it will run out of money next month and possibly be forced from the single currency ...
MELBOURNE: Oil and gas producer Santos Ltd reported a 6 percent rise in underlying profit for 2014, boosted by liquefied natural gas (LNG) sales from Papua New Guinea, but disappointed with its dividend as it looks to save cash amid an oil price slump.Santos, which has a share in Exxon Mobil's PNG LNG project launched last May and said it was on track to start exports from its flagship $18.5 billion project, Gladstone LNG (GLNG), ...


Index Closing Chg%
Arrow DJIA 17,813.39 0.01
Arrow Nasdaq 5,116.15 0.26
Arrow S&P 2,088.87 0.01
Arrow FTSE 6,337.64 0.96
Arrow DAX 11,169.54 2.15
Arrow CAC-40 4,892.99 1.51
Arrow Nikkei 19,847.58 0.39
Arrow H.Seng 22,498.00 0.40
Arrow Sensex 25,775.74 0.17

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln