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Vietnam index falls 1pc, volume jumps on selling in blue chips HANOI: Vietnam's benchmark VN Index dropped 0.99 percent on Wednesday on strong selling in many blue-chip stocks, with volumes jumping nearly 13 percent.Steel producer Hoa Phat Group led the fall, dropping 2.63 percent, while PetroVietNam Gas, the country's biggest listed firm by market value, slid 1.94 percent.Volume rose 12.8 percent from Tuesday to 162.36 million shares, well above the five-day average of 144.67 million shares, Reuters data show.Investors with a cautious view should stop buying when the market falls strongly, while they need to consider selling those stocks which have losses of 7-8 percent, BIDV Securities said in a note to clients.Copyright Reuters, 2014


SE Asia stocks mixed; Indonesia hits 7-week high JAKARTA: Southeast Asian stock markets ended mixed on Wednesday, with Indonesia extending gains after its central bank unexpectedly increased rates to contain inflationary pressure.Indonesia's benchmark stock index rose 0.5 percent, its fourth daily gain, to its highest in seven weeks after Bank Indonesia raised key interest rates by 25 basis points to 7.75 percent a day after the government raised price of subsidised fuel by more than 30 percent."The main aim is to anchor inflation ...

European shares edge higher, Swiss index hits 7-year high LONDON: European shares turned positive in morning trading on Wednesday, helped by some encouraging broker upgrades, with Switzerland's SMI equity index hitting the 9,000-point mark for the first time since late 2007.Prudential rose 1.1 percent to lead insurers after Deutsche Bank increased its target price for the stock to 1,680 pence from 1,630 pence. AstraZeneca was up 1.4 percent, helping the European healthcare index after Natixis raised its price target for the stock.At 1050 GMT, ...

Royal Mail reversal puts Britain's FTSE under pressure EDINBURGH: Britain's main equity index snapped a four-day winning streak on Wednesday as heavyweight mining stocks were hit by a fall in iron ore prices and disappointing trading updates from Royal Mail and testing firm Intertek.Royal Mail Group reversed slight early gains to drop 8.9 percent to the bottom of the index.Although Royal Mail's 21 percent fall in six-month operating profit to 279 million pounds was not as bad as many analysts had feared, it ...

Sri Lankan stocks slip from more than 3-1/2 year high on profit-taking COLOMBO: Sri Lankan stocks ended a six-day gaining streak on Wednesday after hitting a more than 3-1/2 year high earlier in the session as investors booked profits in diversified and telecommunications stocks.But continued foreign buying, low interest rates and hopes of better corporate earnings prevented further falls, traders said.The main stock index fell 0.31 percent, or 23.13 points, to 7,525.10 after hitting a high of 7,562.52, the highest since April 18, 2011."The market is down ...

Indian shares retreat from record highs on profit-taking, FII sales MUMBAI: Indian shares fell on Wednesday, retreating from record highs hit earlier in the session as investors pared positions in blue-chips such as Tata Motors after overseas investors marked their first sale of cash shares in three weeks.Foreign institutional investors sold Indian shares worth of 1.02 billion rupees ($16.5 million) on Tuesday, marking their first sale since Oct. 28.Tata Motors Ltd provisionally fell 2.1 percent, while Sun Pharmaceutical Industries Ltd ended 1.8 percent lower.The BSE ...

Switzerland's SMI stock index hits 9,000 mark LONDON: Switzerland's SMI equity index hit the 9,000 point mark for the first time since late 2007 on Wednesday, tracking recent gains in stock indexes worldwide.The index was up 0.3 percent at 8,994.78 points by 1003 GMT after hitting an intra-day high of 9001.84 points. The Swiss index has gained nearly 10 percent so far this year, outpacing all European major stock indexes including Germany's DAX , down 0.7 percent over the same period.Copyright Reuters, ...


 



 
IndexClosingChg%
ArrowDJIA 17,810.06 0.51
ArrowNasdaq 4,712.97 0.24
ArrowS&P 2,063.50 0.52
ArrowFTSE 6,750.76 1.08
ArrowDAX 9,732.55 2.62
ArrowCAC-40 4,347.23 2.67
ArrowNikkei 17,357.51 0.33
ArrowH.Seng 23,437.12 0.37
ArrowSensex 28,334.63 0.95






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln