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Intertek outperforms as UK's FTSE advances ahead of Fed LONDON: Britain's top equity index rose on Wednesday as expectations the U.S. Federal Reserve will signal it is in no rush to raise interest rates buoyed stock markets, while positive broker comments lifted Intertek.Intertek, which carries out tests and inspections to make sure that products meet health and safety standards, rose 4.1 percent to make it the best-performing stock in percentage terms on the blue-chip FTSE 100 index.Traders attributed Intertek's move higher to a decision by Citibank to reiterate a "buy" rating on the stock, while JP Morgan also kept an "overweight" rating on Intertek after getting positive feedback from a meeting with its management."Intertek's meeting with JP Morgan last night left them impressed," said Securequity sales trader Jawaid Afsar.However, clothing retailer Next slipped 1.6 percent after Next cut its profit guidance, saying that unusually warm weather had impacted demand for its winter wear.The FTSE 100 itself was up by ...

Hong Kong shares end 1.27pc higher HONG KONG: Hong Kong stocks closed up 1.27 percent Wednesday in line with upbeat Asian markets, as investors awaited news from the US Federal Reserve about interest rate plans for the world's largest economy.The Hang Seng Index rose 299.51 points to 23,819.87 on turnover of HK$79.61 billion ($10.26 billion).In mainland China the benchmark Shanghai Composite Index rose 1.50 percent, or 35.16 points, to 2,373.03 on turnover of 225.1 billion yuan ($36.7 billion).The Shenzhen Composite Index, ...

European stocks rise at open LONDON: European stock markets rose at the start of trading on Wednesday, with London's benchmark FTSE 100 index up 0.44 percent to 6,430.14 points.Frankfurt's DAX 30 advanced 0.78 percent to 9,139.00 points and in Paris the CAC 40 gained 0.35 percent to stand at 4,126.97 compared with Tuesday's closing value.In Paris, shares in drugmaking group Sanofi fell by 5.38 percent to 70.72 euros after the removal of the group's chief executive. The shares had fallen ...

European shares inch higher; Sanofi drops again PARIS: European stocks inched higher early on Wednesday, tracking sharp gains on Wall Street ahead of a US Federal Reserve policy announcement.At 0900 GMT, the FTSEurofirst 300 index of top European shares was up 0.3 percent at 1,321.07 points, led by miners including Rio Tinto and BHP Billiton, up 0.9-1.1 percent and climbing along with metals prices.France's Schneider Electric rose 3.1 percent after reporting a 7 percent rise in third-quarter sales and saying Western Europe ...

Hong Kong shares gain on Fed hopes, casino stocks jump HONG KONG: Hong Kong shares rose, tracking strength in China markets, on anticipation the Federal Reserve later on Wednesday will reinforce signals that it could be a long time before US interest rates rise.The Hang Seng Index unofficially closed up 1.3 percent at 23,819.87 points in its highest close since Sept. 24, while the China Enterprises Index of the leading offshore Chinese listings in Hong Kong rose 1.7 percent to its highest close in nearly ...

European shares rise ahead of Fed; Sanofi drops again PARIS: European shares rose early on Wednesday, tracking sharp gains on Wall Street ahead of the US Federal Reserve's latest policy announcement.Shares in French pharma group Sanofi bucked the trend, dropping 5.3 percent and adding to the previous session's slump, after its board said on Wednesday it had decided to oust chief executive Chris Viehbacher.At 0807 GMT, the FTSEurofirst 300 index of top European shares was up 0.4 percent at 1,321.69 points, led by mining ...

Asia shares rise as Fed meeting wraps up HONG KONG: Asian markets rose Wednesday following strong gains on Wall Street, as traders awaited news from the US Federal Reserve about interest rate plans for the world's largest economy. Tokyo gained 1.46 percent, or 224.00 points to close at 15,553.91 while Seoul jumped 1.84 percent, or 35.49 points, to end on 1,961.17.Hong Kong was up 1.23 percent and Shanghai rallied 1.26 percent in afternoon trade after Monday's sell-off, sparked by news of a delay ...


Index Closing Chg%
Arrow DJIA 17,195.42 1.30
Arrow Nasdaq 4,566.14 0.37
Arrow S&P 1,994.65 0.62
Arrow FTSE 6,463.55 0.15
Arrow DAX 9,114.84 0.35
Arrow CAC-40 4,141.24 0.74
Arrow Nikkei 15,658.00 1.67
Arrow H.Seng 23,702.04 1.49
Arrow Sensex 27,346.33 0.92

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln