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Travel sector stocks rocked on escalating terror fears LONDON: Heightened terror fears battered tourism sector stocks Tuesday, with airlines especially affected after the US issued a travel warning and Turkey shot down a Russian warplane.Shares in airlines as well as in travel and hotel groups slid after the United States issued a worldwide travel alert for its citizens on Monday.Russia meanwhile confirmed that a warplane shot down by Turkey on the Syrian border was one of its fighter jets but insisted the plane had not violated Turkish airspace. In Britain, budget airline Easyjet announced it had cancelled all flights to and from the Egyptian resort of Sharm el-Sheikh until next year over security doubts raised by the downing of a Russian airliner last month.Brussels will meanwhile stay at the highest security threat level for another week over fears of an imminent terror attack, the Belgian government said."The heightened geopolitical threat from the Russian jet being downed by Turkey, ...

Indian shares in defensive mode ahead of F&O expiry MUMBAI: Indian stocks edged higher on Tuesday as energy companies rallied after Saudi Arabia pledged to work towards oil price stability, although broader gains were capped on caution ahead of the expiry of derivatives contracts this week.Traders said sentiment ahead of the expiry was especially cautious given the amount of contracts rolled over to the next month were running at below recent months, indicating caution about the market's outlook.Volumes in derivatives have also taken a ...

Bahri stock boosts Saudi Arabia, Egypt stays weak DUBAI: Oil shipper Bahri boosted Saudi Arabia's stock market early on Tuesday while Egypt's market remained weak.The Saudi stock index added 0.9 percent as Bahri climbed 1.6 percent in unusually heavy trade. The company, which reported a 501 percent leap in third-quarter net profit last month, released details of its earnings late on Monday.Petrochemical producer Saudi Basic Industries rose 1.4 percent and real estate developer Dar Al Arkan, which had dropped 2.3 percent on Monday ...

Europe shares fall, Turkish assets hit after jet shot down LONDON: European shares followed Asian stocks lower on Monday while a slightly weaker dollar eased the pressure on beleaguered metals that held near multi-year lows.Turkish stocks and the lira currency fell after Turkey said its planes shot down a warplane that had violated its air space near the Syrian border. Russia's defence ministry said one of its fighters was shot down over Syria.Istanbul's BIST 100 index equity index was down 1.6 percent and the lira ...

Britain's FTSE falls as travel stocks continue slide LONDON: UK shares retreated on Tuesday, with the British travel sector down again as weakness following attacks in France and Mali continued to weigh on shares.British travel and leisure stocks were hit after data from ForwardKeys showed that new flight bookings to Paris, one of the world's most visited cities, have fallen by over a quarter in the week following the attacks there that killed 130 people.The FTSE 350 travel and leisure index was down ...

Tourism-related shares drag down European stocks, Zodiac slumps LONDON: European shares dropped to a one-week low on Tuesday, with disappointing updates from companies such as Zodiac Aerospace and a blow to tourism stocks from a U.S. travel warning putting pressure on the market.The pan-European FTSEurofirst 300 index was down 1.3 percent at 1,480.23 points by 0912 GMT after hitting a one-week low. It had closed 0.3 percent lower on Monday.Germany's DAX outperformed the wider market after a survey showed German business morale unexpectedly ...

Stocks, forex remain under pressure ahead of US data BUDAPEST/WARSAW: Central European currencies and equities mostly eased as the euro's weakness against the dollar makes investors cautious before the release of detailed third-quarter US economic output data later on Tuesday.Close ties with Europe's biggest economies link the region's currencies to the euro and the latter's movements against the greenback influence risk appetite in regional markets.Interest rate hikes by the Federal Reserve can make the region's assets relatively less attractive, but the prospect of stimulus ...


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