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UK's FTSE falls as Tesco tumbles LONDON: Britain's top equity index slid on Monday led lower by supermarket retailer Tesco, which slumped as it cut its profit forecast for the third time in two months after finding a fault in its accounts. The blue-chip FTSE 100 equity index, which rose 0.3 percent on Friday on relief that Scotland voted against breaking away from the UK, was down 55.99 points, or 0.8 percent, at 6,781.93 points by 1423 GMT. The FTSE 350 Mining Index dropped 3.2 percent on concerns that a flash manufacturing PMI reading from China, the world's top metals consumer, could come in below the 50 point level on Tuesday, indicating that manufacturing activity is contracting. An 11 percent fall at Tesco took the most points off the FTSE 100, after the firm said it had called in its lawyers as well as new accountants to investigate an error in its UK food business that ...


TSX hits six-week low on China growth concerns TORONTO: Canada's main stock index fell on Monday, hitting a six-week low, as worries about China's economic growth and weakness in commodity prices weighed on shares of natural resource producers.A Reuters poll showed growth in the Chinese factory sector probably stalled in September. Further, the country's finance minister said that China will not dramatically alter its economic policy because of any one economic indicator.The Toronto equities market extended its slide after recording its biggest single-day ...

European stocks close down LONDON: Europe's main stock markets fell on Monday, with London's benchmark FTSE 100 index dropping 0.94 percent to 6,773.63 points.In Paris, the CAC 40 slipped 0.42 percent to 4,442.55 points, while Frankfurt's DAX index dropped 0.51 percent to 9,749.54 points.Copyright AFP (Agence France-Presse), 2014

US stocks fall despite big takeover deals NEW YORK: US stocks moved lower in early trade Monday, retreating from last week's heights despite a pair of German-led acquisition deals.About 25 minutes into trade, the Dow Jones Industrial Average dropped 28.16 points (0.16 percent) to 17,251.58. The blue-chip index on Friday notched its third straight record high.The broad-based S&P 500 fell 7.24 (0.36 percent) to 2,003.16, while the tech-rich Nasdaq Composite Index declined 26.73 (0.58 percent) to 4,553.06.Germany's Siemens announced it will buy ...

India's NSE edges higher for fourth straight session; blue chips gain MUMBAI: India's NSE index rose modestly on Monday to notch its fourth consecutive session of gains, led by blue chips that have under-performed recently such as Tata Motors and Oil and Natural Gas Corp, although the mood was broadly cautious. Shares could be vulnerable ahead of the expiry of monthly derivatives contract on Thursday, while Asian shares skidded as investors awaited the preliminary reading of a private survey of manufacturing in China due on Tuesday. ...

European shares dip on China growth jitters LONDON: European shares fell on Monday, with a benchmark retreating from a near seven-year high touched in the previous session, as concerns over the pace of growth in China knocked lower mining heavyweights such as Rio Tinto and BHP Billiton.Shares in UK supermarket chain Tesco were also among the biggest losers, sinking 7.3 percent after the group slashed its earnings forecast - its third warning this year - after finding a fault in its accounts. ...

Sri Lanka stocks up for fifth session on foreign buying, low rates COLOMBO: Sri Lankan stocks gained for the fifth session on Monday to touch their highest in more than three years, led by banking and diversified stocks on bullish sentiment due to lower interest rates, higher foreign fund buying and positive economic outlook. Stockbrokers said they expect the index to gain further as the market sees a possible rate cut during the central bank's monetary policy rate meeting next week. The announcement is scheduled for 0200 ...


 



 
IndexClosingChg%
ArrowDJIA 17,172.68 0.62
ArrowNasdaq 4,527.69 1.14
ArrowS&P 1,994.29 0.80
ArrowFTSE 6,773.63 0.94
ArrowDAX 9,749.54 0.51
ArrowCAC-40 4,442.55 0.42
ArrowNikkei 16,205.90 0.71
ArrowH.Seng 23,955.49 1.44
ArrowSensex 27,206.74 0.43





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln