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Australia shares rebound as investors chase banks, but resources slump SYDNEY: Australian shares rebounded from a steep loss to finish 0.2 percent higher on Thursday as investors bought into recently battered financial stocks, though global growth concerns dented the resources sector and tempered gains. The S&P/ASX 200 index added 9.3 points to 5,254.9 at the close of trade after hitting a session low of 5,162.4. The benchmark rose 0.7 percent on Wednesday.Iron ore producer Fortescue Metals Group Ltd tumbled 6 percent after saying its average selling price fell to $71 per tonne over thee quarter to Sept 30 from $121 per tonne in the previous corresponding period. New Zealand's benchmark NZX 50 index lost 0.6 percent, or 30.9 points, to finish the session at 5,132.0. Copyright Reuters, 2014 ...

Australia shares lose 1pc on global growth fears, gold ticks higher SYDNEY/WELLINGTON: Australian shares slid 1.1 percent on Thursday after US stocks lost ground as investors continued to fret about global growth, though a recovery among gold producers prevented steeper losses.Among the worst performing sectors were basic materials and industrials, which fell 2.3 percent and 1.5 percent each. Among miners, Fortescue Metals Group Ltd tumbled 4.7 percent, BHP Billiton Ltd declined 2.3 percent, and Rio Tinto Ltd dropped 2 percent. Australia's flagship airliner Qantas Airways Ltd ...
Australia shares buoyed by consumer sentiment, energy stocks weigh SYDNEY/WELLINGTON: Australian shares rose 0.3 percent on Tuesday, underpinned by stronger consumer sentiment and tracking Wall Street higher, but weak energy shares tempered broader gains.Investors bought into battered mining and financial stocks.Three of the 'Big Four' banks gained, with Westpac Banking Corp adding 0.4 percent and Commonwealth Bank of Australia up 1.1 percent. Australia and New Zealand Banking Group bucked the trend, shedding 0.1 percent.A measure of Australian consumer sentiment rose in October, steadying from ...
Australia shares rebound on resources sector as iron ore posts modest rise SYDNEY: Australian shares recovered 0.7 percent on Tuesday, underpinned by a recovery in the resources sector as iron ore, copper and other base metals clawed higher, though a dip in a business survey kept some investors wary.The resource sector rallied 2.2 percent as it posted a recovery after being routed since early September by a slump in iron ore prices.Iron ore for immediate delivery to China <.IO62-CNI=SI> rose 4 percent to $83.10 a tonne.BHP Billiton ...
Australia shares close off session lows, miners buoyed by China SYDNEY: Australian shares shed 0.6 percent on Monday to their lowest since February, squeezed by uncertainty over the outlook for banks, while an uptick in trade data from China helped support the resource sector. China's export and import performance in September easily beat forecasts, helping to ease concerns about deteriorating domestic demand in Australia's largest export market. The S&P/ASX 200 index lost 32.8 points to 5,155.5 at the close of trade, after hitting an intraday ...
Australia shares slip on banks, investors eye China trade data SYDNEY/WELLINGTON: Australian shares dropped 0.5 percent on Monday to their lowest point since early February, squeezed by uncertainty over the outlook for banks as investors exercised caution ahead of key trade data from China, Australia's largest export market. The S&P/ASX 200 index lost 28.5 points to 5,159.8 by 0111 GMT, recovering from session lows of 5,122.0. The benchmark lost 2.1 percent on Friday. Ahead of numbers on China's September trade balance, banks led the way ...
Stocks, oil skid on growth anxiety, China data little help SYDNEY: Asian stocks stumbled to seven-month lows on Monday, while crude oil prices were pinned near a four-year trough as promising trade numbers out of China failed to cheer a market still worried about faltering global growth. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.8 percent, extending last week's 1.1 percent drop.Mainland Chinese stocks skidded 1.1 percent and Hong Kong's Hang Seng shed 0.7 percent. Australia's S&P/ASX 200 index and South Korea's KOSPI ...


Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln