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Asian bourses cautious after mixed leads from Wall Street, China HONG KONG: Asian markets made cautious gains on Monday after a long holiday weekend, after Wall Street finished last week on a positive note, but with mixed news on the China economic front.Hong Kong stocks opened up 0.14 percent, Seoul tracked up 0.38 percent and Shanghai made marginal gains at the opening bell following official data last week that showed China's manufacturing activity expanded modestly in April.Sydney was 0.11 percent weaker as the Australian dollar slipped on expectations of another interest rate cut to combat a recent surge in the unit.Tokyo was closed for a public holiday, along with financial markets in Thailand and Malaysia.But Asian bourses took their lead from a rally on US markets on Friday which reversed a bruising two-day retreat following a dismal US economic growth report.However, China stocks gyrated after an HSBC survey showed manufacturing activity recorded its worst contraction in a year in April, ...


Hong Kong stocks open up 0.38pc HONG KONG: Hong Kong stocks were up 0.38 percent by the midday break Monday, taking heed from a rally on Wall Street which finished last week on a positive note.The Hang Seng Index added 105.74 points to 28,238.74.Chinese shares were also higher by mid-session on hopes of policy easing after manufacturing activity recorded its worst contraction in a year in April, dealers said.The benchmark Shanghai Composite Index gained 0.85 percent to 4,479.20.The Shenzhen Composite Index, ...

London stocks firm amid European holiday LONDON: Britain's stock market edged ahead Friday in subdued deals with the majority of Europe shut for the May Day holiday long weekend.In afternoon trade, London's benchmark FTSE 100 added 0.18 percent to 6,972.94 points.On Thursday, Frankfurt's DAX 30 index gained 0.19 percent to 11,454.38 points while the Paris CAC 40 rose 0.14 percent at 5,046.49 points.Both key eurozone markets will reopen on Monday, when London will have a holiday closure."May Day bank holidays in ...

Emerging market stocks snap four-week winning streak LONDON: Emerging market stocks snapped a four-week winning streak to end the week in the red, while many currencies strengthened on Friday against the dollar. The MSCI emerging equity index was marginally weaker on the day and was set to chalk up the steepest weekly losses since mid-March, down more than 1 percent. That was after weak corporate earnings dented sentiment on Wall Street and data showed China's manufacturing sector barely grew in April. There ...

UK's FTSE edges higher, Lloyds rallies after results LONDON: Britain's top equity index edged higher on Friday, with Lloyds surging after reporting profits at the top end of analysts' forecasts and miners advancing on expectations of further stimulus in China, the world's top metals consumer. But gains were limited as election jitters and higher bond yields put pressure on sectors such as utilities and property. Lloyds shares rose 6.7 percent after Britain's biggest retail bank reported an underlying pretax profit of 2.2 billion ...

Tokyo's Nikkei index recovers after selloff TOKYO: Tokyo's benchmark index ended flat on Friday, as a weaker yen helped recover early losses that were driven by investors' disappointment over the Bank of Japan holding off fresh stimulus measures and after a fall on Wall Street.The Nikkei 225 index at the Tokyo Stock Exchange, which tumbled 2.69 percent on Thursday, inched up 0.06 percent, or 11.62 points, to close at 19,531.63, while the broader Topix index of all first-section shares fell 0.45 ...

Tokyo stocks fall after Wall St losses TOKYO: Tokyo stocks extended their losses Friday while Wellington also retreated after a sharp drop on Wall Street but the euro pushed higher following an upbeat eurozone inflation reading.Sydney edged up on news that manufacturing activity in China -- a crucial market for many Australian firms -- continued to grow slowly in April.The Nikkei 225 index at the Tokyo Stock Exchange fell 0.17 percent -- a day after plunging 2.69 percent -- while Wellington lost ...


 



 
Index Closing Chg%
Arrow DJIA 18,024.06 1.03
Arrow Nasdaq 5,005.39 1.29
Arrow S&P 2,108.29 1.09
Arrow FTSE 6,985.95 0.36
Arrow DAX 11,454.38 0.19
Arrow CAC-40 5,046.49 0.14
Arrow Nikkei 19,531.63 0.06
Arrow H.Seng 28,133.00 0.94
Arrow Sensex 27,011.31 0.79





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 30, 2015
Reserves $17.717 bln