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DAX gains offset Milan market weakness to lift European shares LONDON: European shares extended the previous session's rally on Tuesday, with Germany's DAX index outperforming, driven by what traders saw as an easing of the Ukraine crisis.Italy's FTSE MIB equity index proved a drag, falling 0.5 percent as carmaker Fiat retreated 3.1 percent after Credit Suisse started its coverage of the stock with an "underperform" rating.European stock markets had rebounded sharply on Monday after Russia's Foreign Ministry said some progress had been achieved during talks between Russia, Germany, France and Ukraine over the conflict.Although the situation remained fragile - with Ukrainian government forces reporting new advances against pro-Russian separatists - traders took consolation from the fact that the situation had not worsened materially, in their eyes."The Ukraine situation is dragging on, which is a bit of a concern, but on an underlying basis, the stock markets look okay. People still want to be in the markets rather than out," McLaren ...


Wall Street gets lift from Home Depot results, data NEW YORK: US stocks rose on Tuesday, after solid earnings from Home Depot and supportive economic data on inflation and the housing market.Home Depot gained 4.1 percent to $86.99 as the biggest boost to both the Dow and S&P 500. The world's largest home improvement retailer reported earnings and revenue that topped Wall Street expectations and raised its full-year profit forecast."It's been very mixed in the retail world and a company like Home Depot, there ...

TSX hits two-week high on upbeat US data TORONTO: Canada's main stock index touched its highest level in more than two weeks on Tuesday as positive US economic data helped drive advances in every major sector.Data showed a rebound in US housing starts in July, while a moderate increase in consumer prices suggested the Federal Reserve has room to keep interest rates low for a while.Investors also awaited the release of minutes from a recent Fed policy meeting to look for clues about ...

Wall St extends global stocks rally; dollar up NEW YORK: Global stock markets rose on Tuesday as investors turned bolder on signs the Ukraine crisis was easing and monetary policy appeared likely to remain accommodative.The dollar climbed smartly as the euro sank to a nine-month low against the dollar. U.S. Treasuries yields fell.Bolstered by strong profits from retailer Home Depot and improved U.S. housing and economic data, Wall Street gained as equities worldwide traded near multi-year highs despite the past month's jitters over ...

Strong housebuilders spur Britain's FTSE to 3-week high LONDON: Britain's top share index climbed to its highest closing level in three weeks on Tuesday, bolstered by housebuilding stocks after robust results from Persimmon.A day after Bovis Homes unveiled a big jump in profits and upbeat dividend news, builder Persimmon delivered a 57 percent rise in pretax profit. It sold 6,408 new homes in the six months to end-June and said it was trading ahead of last year in the traditionally slower summer period."This ...

US stocks rise on strong housing data NEW YORK: US stocks moved higher in early trade Tuesday following strong housing construction data and a solid earnings report from retailer Home Depot.About 30 minutes into trade, the Dow Jones Industrial Average advanced 49.99 points (0.30 percent) to 16,888.73.The broad-based S&P 500 gained 5.48 (0.28 percent) to 1,977.22, while the tech-rich Nasdaq Composite Index rose 12.28 (0.27 percent) to 4,520.59.Commerce Department housing data came in significantly better than expected, with new home construction rebounding ...

European stock markets extend rebound LONDON: Europe's main stock markets rose on Tuesday, extending the previous day's surge, with traders pointing to easing geopolitical concerns for rallies across the board.London's benchmark FTSE 100 index climbed 0.37 percent to stand at 6,765.92 points around midday in Britain.Frankfurt's DAX 30 jumped 0.96 percent to 9,333.92 points and in Paris the CAC 40 index won 0.46 percent to 4,250.25 compared with Monday's close.European stock markets had rebounded sharply on Monday on easing investor ...


 



 
Index Closing Chg%
Arrow DJIA 16,979.13 0.35
Arrow Nasdaq 4,526.48 0.02
Arrow S&P 1,986.51 0.25
Arrow FTSE 6,755.48 0.35
Arrow DAX 9,314.57 0.21
Arrow CAC-40 4,240.79 0.32
Arrow Nikkei 15,454.45 0.03
Arrow H.Seng 25,159.76 0.15
Arrow Sensex 26,314.29 0.40





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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 15, 2014
Reserves $14.264 bln