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Australian stocks open up 1.05pc SYDNEY: Australian stocks rose 1.05 percent at the open Friday after a strong rally in the United States, with miners leading the way on the back of a big spike in oil prices.The benchmark S&P/ASX200 index was up 55.2 points at 5,288.5 in early trade, following Wall Street higher after revised US data showed stronger-than-expected US growth in the second quarter.This came on the back of a 5.34 jump in Chinese stocks on Thursday."A strong performance by Chinese stocks set the scene for a significant change in sentiment and price action overnight, shifting the risk environment," ANZ Research said in a note."When we consider how well the dust has settled, and the lack of permanent carnage in key risk indicators, we are encouraged."Among major Australian stocks, BHP Billiton soared after oil prices jumped more than 10 percent on the strong US data, with the global miner 4.90 percent higher at ...

Tokyo stocks jump 2.77pc by break after Wall St. surge TOKYO: Tokyo stocks jumped 2.77 percent Friday morning, extending gains from a day earlier after strong US economic data sent Wall Street flying and set off a global rally that saw a surge in Chinese equities.The benchmark Nikkei 225 index at the Tokyo Stock Exchange was up 513.66 points to 19,088.10 by the break, while the Topix index of all first section shares rose 3.13 percent, or 46.99 points, to 1,547.40.Tokyo's rise came after the ...

Shanghai shares up 1.93pc by the break SHANGHAI: Shanghai stocks were up 1.93 percent at midday on Friday, extending gains after China cut interest rates earlier in the week and amid rises in global markets following days of turmoil.The benchmark Shanghai Composite Index jumped 59.43 points to 3,143.02. The Shanghai market surged 5.34 percent on Thursday, cheered by a rally on Wall Street after the Chinese rate cut.The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 1.87 percent, or ...

Asia markets rally after strong US growth figures SHANGHAI: Asia stocks staged another rally in early trade on Friday, taking heart from strong US growth figures to cement a recovery after a torrid week when global markets took fright over China's gloomy economic outlook.Tokyo led the gains, with Hong Kong and Shanghai in tow, and oil prices zoomed higher after the US reported a surprisingly strong new estimate of economic growth in the second quarter.The latest data, which showed the world's biggest economy ...

TSX extends rally, up nearly 3pc on soaring oil TORONTO: Canada's main stock index jumped nearly 3 percent on Thursday, recouping this week's hefty losses, as a 10 percent surge in crude oil prices fueled a rally in energy shares and helped lead an across-the-board bounce.U.S. crude prices vaulted 10.26 percent to settle at $42.56 a barrel on a global rally in equity markets and an unexpected fall in U.S. crude inventories."That's really given the energy stocks a breather. All of them are having ...

Britain's FTSE rallies, U.S. data eases concerns over China LONDON: Britain's top share index rose on Thursday, recouping all of its losses from this week's bruising sell-off after strong U.S. data calmed global markets rocked by concerns over Chinese growth.Britain's FTSE 100 closed up 212.83 points, or 3.6 percent, at 6,192.03, shadowing gains made on Wall Street and in Chinese stocks. It was broadly in line with the pan-European FTSEurofirst 300 index, up 3.7 percent.The U.S. gross domestic product growth number easily beat expectations, ...

US stocks surge for 2nd straight day; S&P 500 up 2.43pc NEW YORK: US stocks posted big gains for the second straight session Thursday as strong American economic data extended a global rally that began with a surge in beaten-down Chinese equities.The Dow Jones Industrial Average rose 369.26 points (2.27 percent) to 16,654.77.The broad-based S&P 500 jumped 47.15 (2.43 percent) to 1,987.66, while the tech-rich Nasdaq Composite Index advanced 115.17 (2.45 percent) to 4,812.71.The Commerce Department reported that the US economy grew at an annual rate ...


Index Closing Chg%
Arrow DJIA 16,528.03 0.69
Arrow Nasdaq 4,776.51 1.07
Arrow S&P 1,927.18 0.84
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,259.46 0.38
Arrow CAC-40 4,652.95 0.47
Arrow Nikkei 18,890.48 1.28
Arrow H.Seng 21,670.58 0.27
Arrow Sensex 26,283.09 0.41

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln