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Australia shares close higher on banks, gold caps broader gains SYDNEY: Australian shares added 0.3 percent on Wednesday, supported by another record-close for the S&P 500 and interest in banking stocks, though overall gains were capped by a slide in gold producers after bullion prices dropped overnight. The S&P/ASX 200 index added 15.5 points to 5,527.2 at the close of trade.The benchmark finished a choppy session flat on Tuesday. New Zealand's benchmark NZX 50 index added 0.7 percent or 35.6 points to 5,181.5. Copyright Reuters, 2014 ...

Australia shares supported by banks, construction firms; gold miners fall SYDNEY/WELLINGTON: Australian shares edged higher on Wednesday, supported by another record-close for the S&P 500 and interest in banking stocks, though overall gains were capped by a slide in gold producers after bullion prices dropped overnight. A rise in the 'Big Four' banks underpinned the sector as investors chased their high yields.Westpac Banking Corp added 0.4 percent, and Commonwealth Bank of Australia rose 0.2 percent to all-time highs of A$81.85. Among mid-tier banks, Bank of ...
Australia shares close flat in choppy trade, Suncorp slumps SYDNEY: Australian shares finished a choppy session flat on Tuesday with the broader market bolstered by a modest recovery among resource stocks, though Suncorp Group weighed on the index after a A$500 million writedown caused its shares to fall sharply. Suncorp lost 2 percent, its biggest one-day drop since Feb. 24. The S&P/ASX 200 index slipped 1.1 points to 5,511.7 at the close of trade.The benchmark rose 0.4 percent on Monday. New Zealand's benchmark NZX ...
Australia shares flat, Suncorp slides on writedown SYDNEY/WELLINGTON: Australian shares were flat in subdued trade on Tuesday, with the broader market weighed down by a sharp fall for insurance giant Suncorp Group after a A$500 million writedown.Volumes were thinned by the absence of catalysts as markets in United States and Britain were shut for a holiday on Monday. The insurance sector was dragged lower as Suncorp Group flagged the writedowns, saying its growth targets had been reduced to between 4 percent and ...
Australia shares crawl up, aided by miners, takeover offer SYDNEY: Australian shares finished 0.4 percent higher on Monday, bolstered by a pick-up in resource stocks on improved risk appetites and a $1 billion takeover offer for standards compliance business SAI Global Ltd.The S&P/ASX 200 index rose 20.01 points to 5,512.8 at the close of trade. The benchmark added 0.2 percent on Friday and gained 0.3 percent last week, its third consecutive week of gains. New Zealand's benchmark NZX 50 index rose 2.3 points, or ...
Australia shares add 0.3pc, underpinned by banks and miners SYDNEY/WELLINGTON: Australian shares advanced modestly on Monday, bolstered by gains in banks and a recovery in resources stocks following a selloff last week. The resources sector, hit the previous week by a slump in iron ore prices, regained ground as copper prices rose, with bellwether miners BHP Billiton Ltd and Rio Tinto Ltd adding 0.4 percent and 0.8 percent, respectively. "With the Memorial Day holiday in the US today, it will likely be a quiet ...
Australia shares enjoy biggest 1-day gain in 3-1/2 months on China PMI SYDNEY: Australian shares rose 1 percent on Thursday, as an upbeat Chinese manufacturing survey helped miners claw back recent steep losses from slumping iron ore prices. China's factory sector turned in its best performance in five months in May, a preliminary HSBC survey showed, though overall manufacturing growth still contracted slightly in a suggestion that the outlook remains murky. China is Australia's largest export market. The S&P/ASX 200 index advanced 55.3 points to 5,479.9 at ...


Index Closing Chg%
Arrow DJIA 16,960.57 0.72
Arrow Nasdaq 4,449.56 0.50
Arrow S&P 1,978.34 0.48
Arrow FTSE 6,791.55 0.44
Arrow DAX 9,644.01 1.53
Arrow CAC-40 4,330.55 1.82
Arrow Nikkei 15,457.87 1.13
Arrow H.Seng 24,216.01 0.31
Arrow Sensex 26,126.75 0.55

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln