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Australia shares struggle as resource sector drags SYDNEY/WELLINGTON: Australian shares shrugged off gains on Wall Street to fall for a second straight session on Tuesday, weighed by weakness in metals, mining and energy stocks. Traders ignored data earlier showing a measure of Australian business conditions jumped the most on record. The S&P/ASX 200 index was down 12.5 points to 5,511.5 by 0110 GMT. The benchmark lost 0.5 percent on Monday. "You've definitely got a level of nervousness about the resources sector. Pretty much the whole sector is falling off there," said Angus Gluskie, portfolio manager at White Funds Management. An improving US economy would mean a stronger dollar, while weaker commodity prices going forward would make resource investors even more cautious, he said. "Economic activity is improving, Japan's improving, US is improving, overall there is progress. So, there is still an underlying positive trend as we get into the New Year." On Wall Street overnight, both the ...

Australia shares rise 0.8pc as ECB buoys mood, miners lead SYDNEY: Australian shares rose 0.8 percent on Thursday on broad-based gains as sentiment was buoyed by the European Central Bank's pledge to do more to revive the euro zone economy, with mining stocks rebounding after selling off heavily in the past week. The S&P/ASX 200 index rose to 5,549.1 points at the close of trade, rising 0.41 percent for the week.The benchmark fell 0.2 percent on Thursday. New Zealand's benchmark NZX 50 index rose 0.3 ...
Australia shares give up gains as banks end rally, iron ore prices down SYDNEY: Australian shares gave up early advances to be lower by mid-session on Thursday as investors sold down banks before they trade ex-dividend and falling iron ore prices dragged down miners.An unusual move by the Australian Bureau of Statistics to re-state past employment data also weighed on sentiment, traders and economists said, because it raised doubts about the veracity of official jobs data.Stocks rallied at the open on hopes that a sweeping Republican mid-term election ...
Australia and NZ shares close lower on falling commodities, China concerns SYDNEY: Australian shares ended Wednesday's session a tick lower after falling commodity prices and concerns about China's economic health weighed on sentiment. The S&P/ASX 200 index dipped 2 points, or 0.04 percent, to 5,517.9 at the close of trade, pulling away from a two-month peak set on Monday. Energy and utilities suffered the most with around 1 percent in losses, while iron ore miners added to the pain. Financial sector stocks eked out a small ...
Australia & NZ stocks pop higher, on track for hefty monthly gains SYDNEY/WELLINGTON: Australian shares rose to a seven-week peak, while New Zealand stocks hit a fresh record high on Friday, after encouraging US growth data boosted risk appetite, putting them on track for hefty gains this month.The S&P/ASX 200 index rallied 24 points to 5,500.6 by 0221 GMT, having climbed as far as 5,514.2, its highest since mid-September. The benchmark has rebounded 4.1 percent this month, following a near 6 percent tumble in September.The move higher ...
Australia shares seen with a cautious start SYDNEY: Australian shares are set to have a muted start on Thursday following disappointing results from the country's fourth lender by market value.National Australia Bank said annual cash profit fell almost 10 percent, its second drop in three years, hit by writedowns for its troubled UK business.A small dip on Wall Street after the Federal Reserve ended its stimulative monthly bond-buying program and expressed confidence in US economic prospects is also likely to weigh on ...
Australia shares end flat ahead of bank results SYDNEY: Australian shares pared early gains to end flat on Wednesday as investors overlooked strong advances on Wall St and instead opted for caution before earnings reports from Australia's top banks later in the week.The S&P/ASX 200 index fell 0.1 percent or 4.9 points to 5,447.7, the same percentage fall as the previous day.New Zealand's benchmark NZX 50 index added 0.3 percent or 17.54 points to finish the session at 5355.88.Copyright Reuters, 2014 ...

 



 
Index Closing Chg%
Arrow DJIA 17,164.95 1.45
Arrow Nasdaq 4,635.24 1.03
Arrow S&P 1,994.99 1.30
Arrow FTSE 6,749.40 0.90
Arrow DAX 10,694.32 0.41
Arrow CAC-40 4,604.25 0.59
Arrow Nikkei 17,674.39 0.39
Arrow H.Seng 24,507.05 0.36
Arrow Sensex 29,182.95 1.68






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln