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Sri Lanka bourse at one month high on foreign buying COLOMBO: Sri Lankan stocks rose for a fifth straight session on Wednesday hitting a one-month high on foreign purchases of John Keells Holdings.Local investors remained on the sidelines as yields in T-bills rose for a third straight week.The main index ended 0.21 percent or 11.96 points higher at 5,734.82, its highest close since Feb. 19.Foreign investors were net buyers of 209.7 million rupees worth of shares, extending the year-to-date net foreign inflow to 4.19 billion rupees worth of shares.Yields on treasury bills rose for the third straight week at Wednesday's auction even though the central bank kept its key policy rates unchanged for a third month in a row.,Analysts also said retailers were worried about the effect of allegations Sri Lanka faces at the UN Human Rights Council in Geneva over the conduct of its military in the final stages of the 2009 defeat of Tamil Tiger separatists.Shares in conglomerate ...

Australian gas rush set to overhaul Qatar SYDNEY: Australia is set to become the world's biggest liquefied natural gas producer, with analysts predicting it will overtake Qatar by 2020 as it unlocks reserves that could last more than a century. Seven of the world's 10 major LNG projects are under construction Down Under, with Aus$176 billion (US$183 billion) of private Australian and foreign investment in gas projects since 2007. "The projects already under development will take us ahead of Qatar. It's just a case ...
BHP says to invest $845m in Australian coal  SYDNEY: BHP Billiton , the world's largest miner, said on Friday it had approved an $845 million investment to establish a replacement mining area at the Appin Mine in Australia's New South Wales state. The area will have a production capacity of 3.5 million tonnes per year of metallurgical coal from 2016, replacing production at the West Cliff Mine, BHP said in a statement. Copyright Reuters, 2012 ...
ADELAIDE: Chevron Corp has signed a preliminary agreement to sell Japan's Tohoku Electric one million tonnes of liquefied natural gas per year for 20 years, the US oil major said on Sunday. The gas will come from its Wheatstone plant in Australia, Roy Krzywosinski, Chevron Austalia's managing director told reporters in Adelaide, adding that with this sale more than 80 percent of the gas from the 8.9 million tonnes per year (mtpa) Wheatstone project had been ...
NEW YORK: Brent crude oil futures dropped for the fifth straight day on Tuesday as post-election uncertainty in Greece deepened Europe's political and economic turmoil and worries about growing US crude inventories persisted, both adding to oil demand concerns. In London, ICE Brent crude for June delivery settled at $112.73 a barrel, down 43 cents, or 0.38 percent, the lowest Brent front-month settlement since Feb. 2. In five days, Brent front-month crude has fallen $6.93, or ...
PERTH: Australia's largest oil and gas company, Woodside Petroleum, said it is very close to exporting liquefied natural gas (LNG) from its flagship project and the nation's No. 2, Santos, reported higher first-quarter output, sending shares of both companies higher on Thursday. Woodside is gearing up its Pluto LNG project to load its first export cargoes in the "coming days," Woodside said in its March quarter production report on Thursday. The flagship A$14.9 billion ($15.47 billion) Pluto ...
US crude prices strengthen on economic optimism PERTH: US oil futures inched up in Asian trading on Thursday as strong US economic data, signalling a recovery in the world's largest economy and supply worries spurred by tensions over Iran's nuclear programme supported oil prices. In London, Brent crude was flat on Thursday, pressured by a fragile economic recovery in Europe, which is lagging the United States and Asia. "I am still bullish about the oil price in the short-to-medium term with demand ...

 



 
Index Closing Chg%
Arrow DJIA 17,051.73 0.28
Arrow Nasdaq 4,424.70 0.17
Arrow S&P 1,973.63 0.23
Arrow FTSE 6,728.44 0.31
Arrow DAX 9,612.05 1.11
Arrow CAC-40 4,304.74 0.71
Arrow Nikkei 15,215.71 1.01
Arrow H.Seng 23,387.14 0.29
Arrow Sensex 25,715.17 0.29





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln