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Brazil stocks plunge in broad sell-off SAO PAULO: Brazilian stocks posted their biggest one-day drop in nearly two years on Tuesday as mounting concerns over the outlook for Latin America's largest economy had investors rushing for the exits.Mexico's IPC index ended a five-day rally with a 1 percent fall, while Chile's bourse fell for the second day in a row.Brazil's benchmark Bovespa stock index dropped to its lowest level in over four years, losing 4.2 percent to 45,244.49 after breaking two key support levels at 46,400 points and 45,400 points."We are in a period of huge volatility, the market is trending downward, and we have no buying support as people are still expecting the market to go lower as we break through supports," said Alexandre Ghirghi, a strategist with Metodo Investimentos in Sao Paulo.Stocks fell early in the session after data showed Brazil's industrial output fell twice the amount analysts had expected in May and raised ...

Egypt stocks soar to 3-week high after army ultimatum CAIRO: Egyptian shares surged to a three-week high on Tuesday and the currency strengthened a day after the armed forces gave Islamist President Mohamed Mursi a virtual ultimatum to share power.Local investors believe army intervention in the political crisis could help put an end to 30 months of instability that has frightened away investors and tourists and drained the country's finances.Nationwide protests against Mursi prompted the army to tell feuding politicians they had 48 hours ...

TSX hits 1-week high on US data, energy shares TORONTO: Canada's main stock index rose on Tuesday, hitting a one-week high, as positive US economic data lifted investor sentiment and higher oil prices boosted shares of energy producers.Toronto stocks climbed for the third straight session and caught up with global equities after the Canada Day holiday on Monday.The gains however were capped by a decline in the materials sector and in BlackBerry.Investors were encouraged by data showing new orders for US factory goods rose ...

US stocks mixed ahead of July 4 holiday NEW YORK CITY: US stocks on Tuesday opened mixed as investors looked ahead to a holiday-shortened week capped with Friday's big labor market report.Five minutes into trade, the Dow Jones Industrial Average was down 17.48 (0.12 percent) to 14,957.48. The broad-based S&P 500 edged 0.14 (0.01 percent) higher to 1,615.10, while the tech-rich Nasdaq Composite Index increased 1.00 (0.03 percent) to 3,435.49.The muted opening followed moderate gains Monday supported by solid manufacturing sector data in ...

Indian Jet shares slump on worries over Etihad deal NEW DELHI: Shares of Jet Airways slid as much as six percent on Tuesday amid new investor worries over whether the Abu Dhabi-based Etihad airline would get final permission to buy a stake in the private Indian carrier.The Jet-Etihad deal, announced in April, marks the first overseas investment in an existing Indian carrier since New Delhi eased restrictions to allow foreign firms to take up to a 49 percent holding in the country's airlines.But a ...

European stock markets retreat LONDON: European stock markets fell on Tuesday after beginning the week higher, as traders banked profits amid an absence of data and dearth of major company announcements.London's FTSE 100 index of leading shares dropped 0.39 percent to stand at 6,283.22 points approaching midday trade in the British capital.Frankfurt's DAX 30 slid 0.84 percent to 7,917.01 points and in Paris the CAC 40 shed 0.48 percent to 3,749.21.Milan slipped 0.60 percent and Madrid dipped 0.17 percent."Financial ...

FTSE drops back as euro zone worries resurface LONDON: Britain's top share index was led lower by weak financial stocks on Tuesday, as renewed concerns over the euro zone prompted profit-taking on the previous session's gains.Financials, a broad-based sector including banks, asset managers and insurers, took 13.7 points off the FTSE 100 , the index's biggest negative sectoral impact.The FTSE 100 was down 34.84 points, or 0.6 percent, at 6,272.94 by 1054 GMT, having kicked off the new quarter with gains of 1.5 ...


Index Closing Chg%
Arrow DJIA 16,461.32 0.92
Arrow Nasdaq 4,382.85 0.83
Arrow S&P 1,927.11 0.73
Arrow FTSE 6,399.73 0.43
Arrow DAX 8,940.14 0.60
Arrow CAC-40 4,105.09 0.58
Arrow Nikkei 15,195.77 2.64
Arrow H.Seng 23,403.97 1.37
Arrow Sensex 26,787.23 0.80

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln