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Australia shares slump 1.6pc as oil gloom triggers broad selloff SYDNEY: Australian shares closed down 1.6 percent on Tuesday on a broad-based sell-off that spared no sector after oil hit a fresh 5-1/2 year low and Wall Street stocks tumbled. The S&P/ASX 200 index fell 85.53 points to 5,364.8 at the close of trade, recording its biggest drop in terms of percentage since Dec. 9. The benchmark rose 0.2 percent on Monday. New Zealand's benchmark NZX 50 index fell 0.7 percent or 41.2 points to finish the session at 5,561.4. Copyright Reuters, 2014 ...

Australia shares set for biggest drop in a month SYDNEY/WELLINGTON: Australian shares fell 1.8 percent on Tuesday, following a global equities sell-off after oil hit 5-1/2 year lows, leading to a slump in energy- and mining-related stocks. The S&P/ASX 200 index fell 98.1 points to 5,352.2 by 0117 GMT, recording its biggest fall in more than a month. The benchmark rose 0.2 percent on Monday. Investors ignored Australian trade balance data that showed a smaller-than-feared deficit of A$0.93 billion. "A number of issues worldwide ...
Australia shares edge higher as iron ore rebound stokes hopes SYDNEY/WELLINGTON: Australian shares rose on Monday as a rebound in the iron ore spot price and China's return from holidays encouraged investors to buy across the board. A media report that mining giant Rio Tinto will embark on a $5 billion share buyback added to the upward momentum in thin trade during the Australian summer holiday season. "The volumes are very low, way below average, so any move is exaggerated, on the upside and the ...
Australia shares pop higher on miners, industrials SYDNEY: Australian shares gained 0.5 percent on Friday in the first trading day of 2015, buoyed by industrials and mining companies. The S&P/ASX 200 index closed 24.8 points higher at 5,435.9 in thin trade as many investors have yet to return from their New Year holidays.Weighed down by falling commodity prices, the benchmark rose a mere 1 percent in 2014 compared with the robust gains in the previous two years. New Zealand markets were closed ...
Australia shares seen off to quiet start, NZ stocks scale new heights SYDNEY: Australian shares are likely to have a quiet start on Tuesday, after falling oil prices held back Wall Street. The heavyweight resource and energy sectors may have a subdued session following Monday's gains.Local stock index futures fell 0.4 percent to 5,443 points, a 21-point discount to the close of the underlying S&P/ASX 200 index on Monday. The benchmark rallied 1.5 percent to its highest since mid-November in the last session and was on track ...
Weak commodities pummel Australian shares, NZ scales new heights SYDNEY/WELLINGTON: Australian shares retreated on Tuesday as commodity prices fell, while New Zealand stocks set a fresh record high. Trading volume is likely to remain thin this week with many investors away for New Year holidays. The market will be closed on Thursday. At 0118 GMT, the S&P/ASX 200 index was off 0.4 percent, or 21.38 points, to 5,452.4, but held near a seven-week peak of 5,486.7 touched in early trade. The benchmark rose 1.5 ...
Australia & NZ shares slip on weak commodity prices, Greece SYDNEY: Australian and New Zealand shares retreated on Tuesday as falling commodity prices and political uncertainty in Greece made investors avoid risk. The S&P/ASX 200 index, which gained 1.5 percent on Monday, slipped 1 percent to 5,416.600 at the close of trade, pulling back from a seven-week peak of 5,486.7.For the year, the benchmark was up 1.2 percent. On Tuesday, technology and energy sectors suffered the most, with losses of nearly 2 percent. Financials and ...


Index Closing Chg%
Arrow DJIA 17,550.69 0.27
Arrow Nasdaq 5,105.55 0.19
Arrow S&P 2,093.32 0.22
Arrow FTSE 6,686.57 0.03
Arrow DAX 11,456.07 0.11
Arrow CAC-40 5,112.14 0.16
Arrow Nikkei 20,520.36 0.14
Arrow H.Seng 24,406.12 0.02
Arrow Sensex 28,071.93 0.41

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-22.095 bln
Exports $23.885 bln
Imports $45.980 bln
WeeklyAugust 03, 2015
Reserves $18.536 bln