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Indian shares end higher; banks lead gains MUMBAI: Indian shares ended more than 1 percent higher on Friday, led by banks on the government's plan to inject extra capital into state-run lenders struggling with bad loans, and as worries over corporate earnings eased. The BSE index ended up 1.48 percent, while the NSE index closed 1.32 percent higher. Both indexes ended the week largely flat. For the month, the BSE index gained 1.20 percent, while the NSE index added 1.96 percent. Copyright Reuters, 2015

European shares edge lower, commodity stocks weigh LONDON: European shares fell slightly after hitting a one-week high on Friday, with commodity stocks leading the market lower after prices of crude oil and major industrial metals dropped on supply-demand concerns. The European oil and gas index fell 1 percent as oil prices fell after producers' cartel OPEC indicated there would be no output cuts despite a huge global oversupply, while the STOXX Europe 600 basic resources index was down 1.8 percent after copper ...

Britain's FTSE slips as mining stocks weaken LONDON: Britain's top equity index edge down on Friday as a pullback in mining stocks weighed on the market, which had risen for the last three sessions in a row. The blue-chip FTSE 100 index was down 0.1 percent at 6,661.53 points going into the middle of the trading session. Mining stocks such as Antofagasta and Glencore were among the worst performers as copper and metals prices dropped on persistent worries about demand in China. ...

Tokyo stocks close up 0.30pc TOKYO: Tokyo stocks closed 0.30 higher on Friday despite lacklustre Japanese economic data, as investors awaited company results on the busiest day of earnings season. The Nikkei 225 index rose 62.41 points to 20,585.24, while the Topix index of all first-section issues was up 0.75 percent, or 12.31 points, to 1,659.52.More than 300 companies listed on the Topix will report quarterly results Friday.Honda closed up 1.53 percent at 3,979.5 yen just before the automaker announced ...

European stock markets inch up at open LONDON: European stocks inched up at the start of trading on Friday following a healthy batch of growth data out of the United States and as investors awaited eurozone inflation and jobs data.London's benchmark FTSE 100 index rose 0.23 percent to 6,684.32 points, while in Paris the CAC 40 was up 0.34 percent at 5,063.47 points.In Germany, Frankfurt's DAX 30 rose 0.13 percent to 11,271.31.The US Commerce Department on Thursday said the world's top economy ...

Shanghai stocks close down 1.13pc SHANGHAI: Shanghai shares closed down 1.13 percent on Friday, after the market regulator announced a crackdown on computerised programme selling that it blamed for recent volatility, dealers said.The benchmark Shanghai Composite Index dropped 42.04 points to 3,663.73 on turnover of 460.5 billion ($75.3 billion). The index slumped 10 percent over the week.The Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.82 percent, or 17.54 points, to 2,110.62 on turnover of 417.6 billion ...

Hong Kong stocks close 0.56pc higher HONG KONG: Hong Kong shares ended 0.56 percent higher Friday, ending a painful weak on a positive note as dealers brushed off more losses in mainland Chinese markets and a tepid lead from Wall Street. The benchmark Hang Seng index added 138.30 points to 24,636.28 on turnover of HK$77.73 billion (US$10.03 billion).Copyright AFP (Agence France-Presse), 2015


Index Closing Chg%
Arrow DJIA 17,689.86 0.03
Arrow Nasdaq 5,128.28 0.01
Arrow S&P 2,103.84 0.23
Arrow FTSE 6,696.28 0.41
Arrow DAX 11,308.99 0.46
Arrow CAC-40 5,082.61 0.72
Arrow Nikkei 20,585.24 0.30
Arrow H.Seng 24,636.28 0.56
Arrow Sensex 28,114.56 1.48

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln