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Sri Lanka stocks at over 3-year high on large caps, banks COLOMBO: Sri Lankan stocks hit more than three-year high on Friday, led by large cap and banking shares as low interest rates and continued foreign buying into risky assets boosted sentiment, brokers said. The main stock index ended up 0.61 percent, or 42.33 points, at 7,034.09, its highest close since Aug. 16, 2011. Up to Friday's close, the index had gained 18.96 percent this year. "With low interest rates and low inflation the market will continue to go up despite being slightly over heated," said a stockbroker asking not to be named. "We may see profit-taking here and there but it will continue to go up." The bourse has been trading in an overbought region since July and on Friday the Relative Strength Index, a momentum indicator tracked by chartists, was at 74.982, Thomson Reuters data showed. Stocks are deemed "overbought" above the 70-mark, which tends to signal a reversal ...


Zloty weighed down by concern Polish PM may depart for Europe BUDAPEST/WARSAW: Poland's zloty was under pressure on Friday due to reports that Prime Minister Donald Tusk may quit his post for a top job in the Europe Union, clouding his country's investment outlook.Markets viewed his departure as potentially weakening the leadership of Poland and the ruling party when there is bloodshed in neighbouring Ukraine and ahead of general elections in Poland next year."London investors are worried over developments in the political scene in Poland after ...

Wall St opens up, indexes on track for strong week NEW YORK: US stocks opened with modest gains on Friday, putting major indexes on track for their fourth straight week of gains, though trading was light going into the Labor Day holiday. The Dow Jones industrial average rose 20.42 points or 0.12 percent, to 17,099.99, the S&P 500 gained 3.32 points or 0.17 percent, to 2,000.06 and the Nasdaq Composite added 13.58 points or 0.3 percent, to 4,571.27. Copyright Reuters, 2014

European stocks hold firm despite Ukraine tension LONDON: European stocks edged higher on Friday, recovering ground lost the previous day on simmering Ukraine tensions, but London gains were tempered by a profits warning from beleaguered supermarket giant Tesco.In late morning deals, London's benchmark FTSE 100 index added 0.12 percent to 6,813.79 points. Frankfurt's DAX 30 index gained 0.16 percent to 9,477.39 points and the Paris CAC 40 rose 0.10 percent to 4,370.21 compared with Thursday's close.The euro firmed, although new official eurozone ...

Asia shares mixed as Ukraine tensions trump US data HONG KONG: Asian markets were mixed Friday as the prospect of a military confrontation between Ukraine and Russia knocked confidence and offset forecast-beating US growth data.While the rise in geopolitical uncertainty prompted investors to buy lower-risk assets such as the yen, despite disappointing economic figures out of Tokyo, comments from Russian President Vladimir Putin helped to soothe some fears.Tokyo slipped 0.23 percent, or 35.27 points, to finish at 15,424.59 and Seoul shed 0.35 percent, or ...

Hong Kong stocks end flat HONG KONG: Hong Kong stocks ended flat Friday as forecast-beating second-quarter US growth data was offset by increased tensions between Russia and Ukraine.The Hang Seng Index edged up 1.06 points to 24,742.06 on turnover of HK$81.33 billion ($10.49 billion).Regional markets have enjoyed a recent rally but investors took fright at claims that at least 1,000 Russian troops had entered Ukraine to back up pro-Kremlin separatists fighting Kiev's rule.The news sparked concerns of a confrontation between ...

Tokyo stocks close down 0.23pc, Nikkei 225 index eased 35.27 points TOKYO: Tokyo stocks lost 0.23 percent Friday following a weak slate of Japanese data while investors were also spooked by renewed Ukraine-Russia tensions.The benchmark Nikkei 225 index eased 35.27 points to finish at 15,424.59, while the Topix index of all first-section shares fell 0.22 percent, or 2.77 points, to 1,277.97.Shares sank on claims that Russian forces were inside Ukraine helping support pro-Kremlin separatists who have been fighting against Kiev's rule since April. NATO said at ...


 



 
Index Closing Chg%
Arrow DJIA 17,079.57 0.25
Arrow Nasdaq 4,557.70 0.26
Arrow S&P 1,996.74 0.17
Arrow FTSE 6,805.80 0.36
Arrow DAX 9,462.56 1.12
Arrow CAC-40 4,366.04 0.66
Arrow Nikkei 15,459.86 0.48
Arrow H.Seng 24,741.00 0.71
Arrow Sensex 26,638.11 0.29





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln