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India's NSE index surges past 8,000 to record high MUMBAI: India's NSE index surged past the psychologically important 8,000 level for the first time on Monday as blue-chips such as ICICI Bank gained after better-than-expected quarterly economic growth data.Data showing India's economy grew a faster-than-expected 5.7 percent in the April-June quarter has reinforced hopes that Prime Minister Narendra Modi's election victory nearly four months ago will help spark a recovery in investments and confidence.Resources firms rallied late in the session after the country's top government lawyer proposed to the Supreme Court that about 40 of the 218 coal mines it declared illegal should not be taken back from the companies that operate them as they were either producing or were close to producing.The court is due to rule later in the day about whether to cancel the allocations of coal blocks it ruled as illegal last week, which could create uncertainty in a sector that generates the bulk of ...


Britain's FTSE edges lower; HSBC, Tesco hurt by stake sales LONDON: Britain's top equity index edged lower on Monday, pressured by weakness in bank HSBC and supermarket retailer Tesco after key shareholders sold stakes.HSBC knocked 4.5 points off the UK benchmark, accounting for all of its fall, after one of Britain's most high-profile fund managers, Neil Woodford, said he had sold his fund's stake in the banking group. He cited concerns over the potential impact on the company of several industry-wide probes."In particular, I am ...

Sri Lanka bourse slips from over 3-year high on fall in large caps COLOMBO: Sri Lankan stocks slipped on Monday from a more than three-year high hit in the previous session, led by a decline in shares of large-caps such as Ceylon Tobacco Co Plc and Nestle Lanka Plc.Analysts said low interest rates and continued foreign buying into risky assets boosted sentiment.The main stock index fell 0.05 percent, or 3.20 points, to close at 7,030.89.The index has gained nearly 19 percent so far this year."The market is generally ...

Weak PMI data signals slowdown, currencies range-bound BUDAPEST: Central European currencies were tightly range-bound on Monday amid jittery sentiment after fresh PMI data showing a slowdown in the region's economies added to concerns over the crisis in neighbouring Ukraine.Western powers may impose more trade sanctions on Russia and some analysts said their impact could further hit the economies of the region, keeping Central European assets under pressure. But the timing of any new trade sanctions remains uncertain."The EU summit over the weekend ...

Europe holds nerve as Russia-Ukraine warnings ratchet up LONDON: European markets cautiously set aside warnings that Russia's conflict with Ukraine was sliding out of control on Monday, as investors focused on the European Central Bank's meeting this week and hopes it will strengthen its stimulus plans.Shares on the region's FTSEurofirst 300 index nudged 0.2 percent higher in early trading following a similar performance by Asian stocks despite some mildly disappointing data from China.Euro zone periphery bonds suggested that appetite for risk was alive ...

Hong Kong stocks end slightly higher, Hang Seng Index nudged up 10.03 points HONG KONG: Hong Kong stocks ended marginally higher Monday as investors bet that weaker manufacturing data from China would spur the mainland government to introduce fresh monetary easing measures.The Hang Seng Index nudged up 10.03 points to 24,752.09 on turnover of HK$61.88 billion ($7.98 billion).Beijing said Monday its official purchasing managers' index (PMI) of manufacturing activity slipped to 51.1 last month from 51.7 in July, the first decline since February.Anything above 50 indicates growth and ...

SE Asia Stocks: Thai shares up after new cabinet; SM Prime rebounds BANGKOK: Thai shares rose on Monday as investors bought banking stocks amid economic optimism after the formation of an interim cabinet, while Philippine company SM Prime Holdings rebounded from a two-week low hit on Friday after the announcement of a project.Thailand's military ruler General Prayuth Chan-ocha has named the interim cabinet dominated by members of the security forces to govern the country through at least a year of political reforms before he permits an election. ...


 



 
Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,825.31 0.08
Arrow DAX 9,479.03 0.09
Arrow CAC-40 4,379.73 0.03
Arrow Nikkei 15,476.60 0.34
Arrow H.Seng 24,752.09 0.04
Arrow Sensex 26,867.55 0.86





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln