All
 

 

Just in:  

You are here: Home»Markets»Equity»Australia

Australia

Archive

Australia shares edge up, braced by banks, as investors eye Scotland SYDNEY/WELLINGTON: Australian shares added 0.2 percent on Friday as Wall Street climbed, though continued weakness in iron ore hit resource stocks, and investors continued to scrutinise results trickling in from the Scottish independence referendum.US stocks rose overnight, a day after the US Federal Reserve kept intact its pledge to keep interest rates low, providing a backstop for investors that helped lift both the Dow and S&P to record highs. Banks underpinned the market as investors slipped back into the recently sold-off stocks, with National Australia Bank and Australia and New Zealand Banking Group both climbing 1.1 percent."They were the primary beneficiaries in the search for yield," said Matthew Sherwood, head of investment market research at Perpetual. "but we're now in an environment where global bond yields are once again rising so we have seen a partial reversal of that trade, and that's likely to continue." The S&P/ASX 200 index added ...

Australia shares set for 7th losing session, weak ore prices hit miners SYDNEY/WELLINGTON: Australian shares reversed early gains to shed 0.5 percent on Thursday, extending losses to a seventh session with further weakness in iron ore prices hurting the resource sector. Stocks with exposure to the United States found support on signs of strength in the world's largest economy and as the Aussie dollar fell near six-month lows, benefitting exporters. Elsewhere, iron ore retreated further after a spike higher at the start of the week, reflecting continued ...
Australia shares slip to lowest since July, Fed meeting in focus SYDNEY: Australian shares fell 0.7 percent on Wednesday to 11-week lows as worries the US Federal Reserve may begin to raise rates hit investor sentiment, although a modest recovery in miners tempered losses. The S&P/ASX 200 index lost 38.1 points to 5,407.3, its lowest close since July 1. The benchmark fell for its sixth consecutive session, its longest losing streak since early August. The benchmark fell 0.5 percent on Tuesday. New Zealand's benchmark NZX 50 ...
Australia shares seen rising from 1-month lows on Wall St, iron ore SYDNEY: Australian shares are seen recovering from one-month lows on Wednesday following stronger leads from Wall Street overnight and as iron ore futures showed an uptick for the recently battered commodity. Local share price index futures rose 0.5 percent to 5,469, a 23.6-point premium to the underlying S&P/ASX 200 index close. The benchmark fell 0.5 percent to a one-month low on Tuesday. New Zealand's benchmark NZX 50 index added 0.4 percent in early trade. US ...
Asia shares edge up as investors second-guess Fed SYDNEY: Asian shares crept cautiously higher on Wednesday after Wall Street rebounded on speculation the Federal Reserve would maintain a pledge on low rates when a two-day policy meeting ends later in the session. The Dow hit a fresh record while the US dollar took a knock after the Wall Street Journal's Fed watcher Jon Hilsenrath said the central bank would keep the words "considerable time" in its policy statement, though it might qualify them. ...
Australia shares slip to 11-week low, investors eye Fed SYDNEY/WELLINGTON: Australian shares eased to an 11-week low on Wednesday on worry the US Federal Reserve may begin to raise rates although an extended recovery in miners tempered losses. High-yielding stocks, including the 'Big Four' banks, fell as investors trimmed equity holdings.The country's top lender by assets, National Australia Bank m declined 0.8 percent and Australia's No.3 lender, Australia and New Zealand Banking Group, dropped 1.4 percent. Australia's biggest telecommunications provider Telstra Corp Ltd slipped ...
Asia shares rise on Fed, China policy speculation SYDNEY: Asian shares were tentatively higher on Wednesday after Wall Street rebounded on speculation the Federal Reserve would maintain a pledge on low rates when a two-day policy meeting ends later in the session. The Dow hit a fresh record while the US dollar took a knock after the Wall Street Journal's Fed watcher Jon Hilsenrath said the central bank would keep the words "considerable time" in its policy statement, though it might qualify them. ...

 



 
Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln