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China stocks jumped more than 4 percent for a second straight day on Friday as signs of fresh support from Beijing prompted more bargain hunting following the earlier plunge that panicked global markets. The mainland's blue-chip CSI300 index rose 4.3 percent, to 3,342.29 points, reducing the week's loss to 6.9 percent. The Shanghai Composite Index gained 4.8 percent to 3,232.35 points, though for the week, it lost 7.9 percent.

Hong Kong stocks changed course Friday afternoon and lost 1 percent on Friday, as a rebound on Thursday and in morning trade prompted profit-taking. The Hang Seng index fell 1.04 percent, to 21,612.39, while the China Enterprises Index lost 1.1 percent, to 9,750.73 points. The index lost 3.6 percent for the week, its sixth consecutive weekly fall. "Investor confidence remains shaky," said Dominic Chan, analyst at GF Securities in Hong Kong.
Southeast Asian stock markets rose on Friday as upbeat US economic growth data lifted sentiment in Asia, with foreign-led buying sending Malaysia's key stock index to a more than two-week closing high ahead of a three-day weekend. The Kuala Lumpur composite index rose 0.7 percent to its highest closing level since August 13. Shares of oil and gas services firm Sapurakencana Petroleum Bhd were the biggest percentage gainers with a 6.8 percent jump.
Australian shares ended 0.6 percent higher on Friday, boosted by a rebound in commodities, with miners and energy-related stocks propping up the index. Major miners BHP Billiton gained nearly 6 percent while Rio Tinto jumped 4.7 percent. The S&P/ASX 200 index rose 30.3 points to close at 5,263.6, but came off the day's high of 5,305 after weak data from China kept alive worries about slowing momentum in its economy.
South African stocks ended a volatile week, punctuated by fears about China-led global economic slowdown, with their biggest weekly gain in four months. The equity market kicked off the week with hefty losses, tracking similar drops elsewhere in the world on worries about China, before staging a recovery that helped it notch up the biggest weekly gain since April.
Seoul shares rose again, producing their best week in nearly three years, after global stock market rallies boosted sentiment. The Korea Composite Stock Price Index (KOSPI), rising for a fourth straight day, ended up 1.6 percent to 1,937.67 points. The index not only snapped a five-week losing streak but had its biggest weekly gain - 3.3 percent - since mid-September 2012.
Jubilee Life Insurance Managed Growth Fund Rates on Friday (August 28, 2015).


 



 
Index Closing Chg%
Arrow DJIA 16,643.01 0.07
Arrow Nasdaq 4,828.32 0.32
Arrow S&P 1,988.87 0.06
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,298.53 0.17
Arrow CAC-40 4,675.13 0.36
Arrow Nikkei 19,136.32 3.03
Arrow H.Seng 21,612.39 1.04
Arrow Sensex 26,392.38 0.61





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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln