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Polish bank stocks rebound, Hungary's draft tax cut bill fails to lift OTP BUDAPEST: Polish financial sector stocks regained some ground on Wednesday after sliding for two days due to worries over the fallout from the bankruptcy of small lender SK Bank.But sentiment remained fragile, illustrated by the zloty and the forint, Central Europe's most liquid currencies, weakening to 2-week lows against the euro.Although EU membership shields the region's assets against contagion from other European emerging markets, they were not immune to geopolitical worries triggered by the downing of a Russian warplane by Turkey near its Syrian border."I had been predicting the zloty firming this week but it depends on the attitude of big foreign banks, which are reluctant to buy it," said a Warsaw-based currency dealer."Events in Turkey/Syria contribute to this attitude."The weakness of the euro, which hit a 7-month low against the dollar, also weighed on market sentiment.The zloty weakened by 0.1 percent versus the euro, while the forint eased slightly ...

TSX falls as crude retreat weighs on energy stocks TORONTO: Canada's main stock index slipped on Wednesday, as energy stocks fell in line with a retreat in the price of crude, although losses were limited by gains for railway and consumer stocks. The most influential weight on the index was Valeant Pharmaceuticals International Inc, which fell 3.2 percent to C$112.66. The next eight heaviest weights were all energy companies. The overall energy group retreated 1.5 percent as the global crude benchmark fell after a ...

Brazil assets sink as corruption arrests reignite political worries  SAO PAULO: Brazilian stocks fell and the currency weakened on Wednesday after the arrests of a key ruling party senator and an influential banker rekindled fears that President Dilma Rousseff's administration could face further problems passing austerity measures in Congress.Earlier in the day, Brazil's federal police arrested Senator Delcdio do Amaral, the ruling coalition's leader in the upper house, and Andr? Esteves, the chief executive of Grupo BTG Pactual SA, for allegedly helping obstruct a ...

CIB helps Egypt rebound; Saudi market flat DUBAI: A bounce in shares of Commercial International Bank (CIB) helped Egypt's stock market rebound from near technical support on Wednesday, while most Gulf markets were little changed. CIB, a traditional favourite of foreign investors, had tumbled 22 percent over the past three weeks ago, hit by concern that Egypt might soon devalue its currency because of the blow to tourism revenues from last month's apparent bombing of a Russian passenger jet over the Sinai ...

Nigeria stocks recover from 9-month low after rate cut LAGOS: Nigerian stocks recovered from a nine-month low on Wednesday to gain 0.24 percent after the central bank announced a surprise interest rate cut aimed at stimulating lending in Africa's biggest economy. The stock market, which has the second-biggest weighting after Kuwait on the MSCI frontier market index , erased seven days of losses to climb to 27,662 points. The index is down 20.4 percent this year. The index shed 3.3 percent in the seven-days ...

Tokyo stocks end at three-month high after upbeat US data TOKYO: Tokyo stocks closed at a fresh three-month high Thursday, in line with a broad rally across Asia following upbeat US data while a weaker yen provided support to Japanese exporters.The latest batch of economic reports out of Washington -- on jobless claims, new-home sales and durable goods orders -- reinforced expectations the Federal Reserve will lift interest rates at its December policy meeting."US economic data was in line with expectations and provides some comfort," ...

US stocks open a tick higher NEW YORK: US stocks opened slightly higher Wednesday following a stream of mixed economic data in the last trading session ahead of the Thanksgiving holiday.Five minutes into trade, the Dow Jones Industrial Average stood at 17,815.96, up 3.77 points (0.02 percent). The broad-based S&P 500 added 0.54 (0.03 percent) at 2,089.68, while the tech-rich Nasdaq Composite Index rose 6.51 (0.13 percent) to 5,109.32.US data showed a dip in weekly jobless claims, but a disappointing gain ...


Index Closing Chg%
Arrow DJIA 17,798.49 0.08
Arrow Nasdaq 5,127.52 0.22
Arrow S&P 2,090.11 0.06
Arrow FTSE 6,375.15 0.28
Arrow DAX 11,293.76 0.24
Arrow CAC-40 4,930.14 0.32
Arrow Nikkei 19,883.94 0.30
Arrow H.Seng 22,068.32 1.87
Arrow Sensex 26,128.20 0.65

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln