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Australia shares dip to 3-1/2 week lows, consumer sentiment data drags SYDNEY/WELLINGTON: Australian shares lost 0.7 percent on Wednesday as most sectors sold off after Wall Street lost ground overnight on fears of earlier than expected Fed rate hikes, and a measure of Australian consumer confidence slumped. The Westpac-Melbourne Institute consumer sentiment index suffered a sharp reversal showing a drop of 4.6 percent in September, from August when it jumped 3.8 percent, as households became more concerned about the outlook for the economy and employment. Among consumer discretionary stocks, department store operator Myer Holdings Ltd declined 0.6 percent, electronics and entertainment retailer JB Hi-Fi Ltd slipped 0.1 percent, and Harvey Norman Holdings Ltd dropped 1.1 percent. The S&P/ASX 200 index tumbled 39.8 points to 5,568.1 by 0302 GMT, hovering around 3-1/2 week lows. The benchmark rose 0.5 percent on Tuesday. A group of stocks trading ex-dividend also dragged the market lower with Woolworths Ltd,Australia's largest supermarket chain by market share, tumbling ...

Australia shares pulled up by banks, miners; dip in business conditions cap SYDNEY: Australian shares rose 0.5 percent to end at their session highs on Tuesday, underpinned by blue-chip banking and mining stocks, though a dip in business conditions tempered investor enthusiasm, keeping the index near three-week lows. The S&P/ASX 200 index climbed 30.9 points to 5,607.9 at the close of trade, snapping four sessions of losses. The benchmark dipped 0.4 percent on Monday.New Zealand's benchmark NZX 50 index declined 0.3 percent or 18 points to 5,243.7.Copyright ...
Australia shares close near three-week lows, iron ore price weighs SYDNEY: Australian shares lost 0.6 percent on Friday to finish near three-week lows as the resource sector was hit by a rout in iron ore prices and sentiment was hurt by Wall Street's decline. The S&P/ASX 200 index dropped 32.6 points to 5,598.7 at the close of trade, suffering its biggest one-day percentage loss in a month. The benchmark, which shed 0.4 percent on Thursday, and lost 0.5 percent for the week, its second week ...
Australia shares fall, many investors stay on sidelines SYDNEY/WELLINGTON: Australian shares fell 0.4 percent on Thursday, with broad-based selling rooted in weakness in resources after iron ore prices fell overnight to near five-year lows. Many investors, still digesting a mixed earnings season the past two weeks, sat on the sidelines hoping geopolitical tensions will ease. "There's no definite lead coming out of the United States. Investors are a bit cautious about geopolitical tensions," said Tony Russell, senior equities adviser at RBS Morgans Reynolds ...
Australia shares listless, await central bank policy meeting SYDNEY/WELLINGTON: Australian shares were little changed on Tuesday in listless trading, lacking cues from US markets and awaiting the central bank's monthly policy meeting. Geopolitical tensions, slowing manufacturing in the euro zone and stagnating factory activity in several key countries weighed on sentiment. The Reserve Bank of Australia's meeting will draw interest with the focus on whether the central bank will retain its commitment to keep interest rates low for a while. The cash rate ...
Australia shares up as data points to no interest rate rise SYDNEY/WELLINGTON: Australian shares posted modest gains on Monday, with financial and resources stocks pulling up the benchmark index as investors took a positive lead from Wall St and soft economic data fed expectations that interest rates will stay low indefinitely. As investors digested a mixed earnings season in the past two weeks, a gauge of Australian price pressures showed consumer price inflation at its lowest in seven months in August, adding to predictions of no ...
Australia shares close lower on miners, Qantas at June highs SYDNEY: Australian shares fell 0.5 percent on Thursday as persistent weakness in iron ore prices hit miners, though a jump in Qantas helped bolster investor sentiment. Australia's national carrier Qantas Airways Ltd soared 7 percent to A$1.385, its highest since early June.The S&P/ASX 200 index dipped 26.8 points to 5,624.4 at the close of trade.The index added 0.2 percent on Wednesday, closing at a six-year high. New Zealand's benchmark NZX 50 index slipped 0.1 percent ...

 



 
IndexClosingChg%
ArrowDJIA 17,390.52 1.13
ArrowNasdaq 4,630.74 1.41
ArrowS&P 2,018.05 1.17
ArrowFTSE 6,546.47 1.28
ArrowDAX 9,326.87 2.33
ArrowCAC-40 4,233.09 2.22
ArrowNikkei 16,413.76 4.83
ArrowH.Seng 23,998.06 1.25
ArrowSensex 27,865.83 1.90





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln