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Australia shares rise on optimism over US, European economies SYDNEY/WELLINGTON: Australian shares rose by mid-session on Monday, as investors shrugged off concerns about the US Federal Reserve winding back its stimulus plan and strong momentum from Wall Street.Financial sector stocks pulled the market higher ahead of a widely expected announcement from the Fed this week that it will end quantitative easing - a sign the world's largest economy is recovering.A European Central Bank report suggesting Europe's top lenders have largely repaired their finances since the global financial crisis also injected optimism about the continent's economy after weeks of poor economic data.The S&P/ASX 200 index was up 36.95 points or 0.7 percent at 5,448.3 by 1254 GMT, heading for its highest close since Sept. 15. The index has risen in nine of the past 10 sessions."There's a whiff of optimism around," said Lonsec senior client adviser Michael Heffernan."The fact that Europe seems to be forging a path ahead is injecting ...

Australia shares close higher on hopes for US economy SYDNEY: Australian shares rose to a six-week high on Monday, encouraged by Wall Street's strong momentum as investors shrugged off concerns about the US Federal Reserve winding back its stimulus plan.Financial sector stocks pulled the market higher in anticipation that the Fed will announce an end to its third round of quantitative easing - a sign the world's largest economy is recovering - in a statement at the end of the two-day Federal Open Market ...
Australian shares rise, led by banks; NY Ebola reports temper gains SYDNEY/WELLINGTON: Australian shares added 0.4 percent on Friday, underpinned by financials and yield stocks, although the index fell from its highs after reports a doctor who had recently returned to New York from West Africa had tested positive for Ebola.The doctor was working for humanitarian organisation Doctors Without Borders in Guinea, one of three West African countries hardest hit by the Ebola outbreak.High-yielding financials underpinned the index, with Commonwealth Bank of Australia rising 0.7 percent ...
Australia shares edge down on Wall St slide; NZ at record high SYDNEY: Australian shares stepped back from a one-month high on Thursday, as weakness on Wall Street and a mixed picture on Chinese manufacturing activity sidelined buyers.A survey showing China's vast factory sector grew a shade faster in October helped lift stocks of their lows but analysts said the numbers did not yet point to a turnaround for the cooling economy, Australia's largest trade partner.A shooting incident at the Canadian parliament in Ottawa also unnerved investors.The ...
Australian shares end flat after Chinese GDP SYDNEY: Australian shares lost early gains to end little changed on Tuesday in weak volume after data showing China's economy grew in the third quarter at its slowest pace since the global financial crisis. Economic growth in China, Australia's No.1 trading partner, slowed to a near-six-year low of 7.3 percent in the third quarter from a year earlier. The figure was slightly above market expectations for 7.2 percent, but down from 7.5 percent in the ...
Australia shares pare early gains as China GDP eyed SYDNEY/WELLINGTON: Australian shares pared early gains on Tuesday, clocking their six straight positive session, but volumes were low as investors stayed on the sidelines ahead of Chinese economic growth data due later in the day.Solid overnight gains on Wall Street led by strong corporate earnings provided some support to the market.Data due at 0200 GMT is expected to show that China's economy grew at its weakest pace in more than five years in the third ...
Australia shares set for a firm start on Wall Street SYDNEY: Australian shares are poised for a firm start on Tuesday, tracking Wall Street, which edged higher on strong corporate earnings.Local share price index futures rose 0.3 percent to 5,320 to sit at a 1-point premium to the underlying S&P/ASX 200 index. The benchmark rose 0.9 percent on Monday.New Zealand's benchmark NZX 50 index rose 0.2 percent in early trade.US stocks rose on Monday, supported by strong corporate earnings, even as disappointing results from IBM ...


Index Closing Chg%
Arrow DJIA 17,390.52 1.13
Arrow Nasdaq 4,630.74 1.41
Arrow S&P 2,018.05 1.17
Arrow FTSE 6,546.47 1.28
Arrow DAX 9,326.87 2.33
Arrow CAC-40 4,233.09 2.22
Arrow Nikkei 16,413.76 4.83
Arrow H.Seng 23,998.06 1.25
Arrow Sensex 27,865.83 1.90

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln