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US stocks closed lower on Monday, with the S&P 500 suffering its biggest one-day decline since early August, as the latest housing data came in much weaker than expected, raising new concerns about the rate of growth in the economy. Equities were also pressured after China's finance minister indicated the country would not increase stimulus measures in response to some weak data of its own.

Britain's top shares fell on Tuesday, dragged down by healthcare shares, as new US tax rules made it less likely companies such as Shire and AstraZeneca would become take-over targets. Sentiment was also depressed by surveys showing French business activity contracting again in September and Germany's manufacturing sector growing at its slowest pace since June 2013, casting a shadow over euro zone recovery prospects.
European shares fell for a second day on Tuesday, after data showed a contraction in French business activity and slower growth in German manufacturing this month. Austria's Raiffeisen Bank International, down 10 percent, led the declines on the FTSEurofirst 300 index. The bank said it might lose as much as 500 million euros ($645 million) this year because of problems in Ukraine and Hungary.
The Securities and Exchange Commission of Pakistan (SECP) is legally empowered to relax the time period to comply with the directions issued to the stock exchanges for entering into agreement with strategic investor on the sale of bourses'' shares under demutualisation law.
The Securities and Exchange Commission of Pakistan (SECP) has rejected an appeal/review petition filed by a member of Pakistan Mercantile Exchange Limited (PMEX) for review of commission's decision regarding application for registration as broker.
Indian shares posted their biggest single-day fall in about two-and-a-half months as bluechips tracked weaker global shares on disappointment over European manufacturing data and concerns about an unemployment measure in a survey in China. Caution also prevails ahead of the expiry of the monthly derivatives contracts on Thursday which traditionally sparks volatility in markets.
Sri Lankan stocks rose for the sixth straight session on Tuesday to touch their highest in more than three years after the central bank effectively reduced its standing deposit facility rate to boost credit and economic growth. The main stock index ended up 0.06 percent, or 4.23 points, at 7,260.64, its highest closing level since June 9, 2011.


Index Closing Chg%
Arrow DJIA 17,055.87 0.68
Arrow Nasdaq 4,508.69 0.42
Arrow S&P 1,982.77 0.58
Arrow FTSE 6,676.08 1.44
Arrow DAX 9,595.03 1.58
Arrow CAC-40 4,359.35 1.87
Arrow Nikkei 16,205.90 0.71
Arrow H.Seng 23,837.07 0.49
Arrow Sensex 26,775.69 1.58

Banking Review 2013

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln