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Sri Lanka stocks at over-3-year high; more gains seen COLOMBO: Sri Lankan stocks closed at their highest in more than three years on Thursday led by large-caps on improved sentiment due to lower interest rates, higher foreign buying and a positive economic outlook.Stockbrokers said they expected the index to gain further.The main stock index ended up 0.39 percent, or 27.70 points, at 7,206.90, its highest close since June 10, 2011."There is a lot of buying demand. Sellers are hiding until they get a premium price," said Jaliya Wijeratne, CEO at First Capital Equities (Pvt) Ltd. "We expect the index to gain further due to lower interest rates and positive outlook."Institutional investors were very active on Thursday, while retail participation was also high due to an optimistic outlook, analysts said.The cut in energy prices on Tuesday also enthused the market.Sri Lanka is aiming for a higher economic growth of 8.2 percent and a lower fiscal deficit target of 4.4 percent ...

Dollar hits six-year peak versus yen, ECB loan demand disappoints LONDON: The dollar hit its highest levels in more than six years against the yen and four years against other major currencies on Thursday as markets eyed the widening policy split between the United States and other rich nations. The US Federal Reserve's outlook for rising interest rates had already illustrated the diverging path from other advanced economies but it was underscored even more firmly in Europe as the ECB opened its liquidity taps again.Lacklustre ...

European shares hit two-week high, Scottish vote drags on FTSE LONDON: European equities advanced on Thursday, with a key index climbing to a two-week high after the U.S. Federal Reserve renewed its pledge to keep interest rates ultra-low for a considerable time.British shares underperformed as voting got underway in Scotland's referendum on independence, keeping investors on edge ahead of the result on Friday.The FTSEurofirst 300 index of top European shares was up 1 percent at 1,399.09 points by 1401 GMT after rising up to 1,399.19, ...

UAE, Qatar up on FTSE index review; Medinet Nasr lifts Egypt DUBAI: An influx of foreign funds due to changes in some FTSE indexes boosted stock markets in the United Arab Emirates and Qatar on Thursday, while Egyptian real estate developer Medinet Nasr surged after announcing an ambitious sales target.Dubai's main index rose 2.3 percent as Emaar Properties, the emirate's largest developer, jumped 5.0 percent to 11.60 dirhams.Emaar had peaked at 12.00 dirhams this month after announcing the launch of the initial public offer of its ...

TSX steady as investors digest Fed, eye Scottish vote TORONTO: Canada's main stock index was little changed on Thursday as a drop in gold-mining shares on weakness in the price of bullion offset gains in most other sectors, while investors continued to digest US Federal Reserve comments on its policy outlook.The Fed renewed its pledge on Wednesday to keep interest rates near zero for a "considerable time," but also indicated it could raise borrowing costs faster than expected when it starts moving on interest ...

European stocks climb with focus on Fed, Scotland LONDON: Europe's stock markets rose on Thursday, mirroring Fed-inspired gains overnight on Wall Street, but with attention focused on Scotland where an independence referendum is under way.London's benchmark FTSE 100 index added 0.45 percent to 6,811.18 points, while the British pound gained despite uncertainty over the outcome of the Scottish vote.In mid-afternoon deals in Paris, the CAC 40 index gained 0.75 percent to stand at 4,464.59 points and Frankfurt's DAX 30 advanced 1.11 percent to ...

US stocks rise as market awaits Scotland vote result NEW YORK: Wall Street stocks moved higher Thursday in early trade following mixed US economic data as the market awaited the outcome of Scotland's independence referendum.About 35 minutes into trade, the Dow Jones Industrial Average advanced 67.21 points (0.39 percent) to 17,224.06, building on Wednesday's record after the Federal Reserve signaled it would keep interest rates near zero well into 2015. The broad-based S&P 500 rose 7.61 (0.38 percent) to 2,009.18, while the tech-rich Nasdaq ...


Index Closing Chg%
Arrow DJIA 17,279.74 0.08
Arrow Nasdaq 4,579.79 0.30
Arrow S&P 2,010.40 0.05
Arrow FTSE 6,837.92 0.27
Arrow DAX 9,799.26 0.01
Arrow CAC-40 4,461.22 0.08
Arrow Nikkei 16,321.17 1.58
Arrow H.Seng 24,306.16 0.57
Arrow Sensex 27,090.42 0.08

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