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Sri Lanka shares close at over 1 year high on large-caps, lower rates COLOMBO: Sri Lankan stocks rose for a fourth straight session on Friday to close at their highest in more than one year, led by large-caps such as Ceylon Tobacco Co Plc amid lower interest rates and continued foreign buying boosting investor sentiment.The main stock index rose 0.56 percent, or 35.33 points, to close at 6,363.49, its highest since June 11, 2013. Analysts said the market would move sideways in the short term with lesser risk due to lower interest rates, with yields on treasury bills edging down further on Wednesday at a weekly auction. However, analysts said investors are concerned over the recent ethnic violence and possible implications of a government spokesman saying Sri Lanka bought Iran crude via third parties.Ceylon Tobacco Co rose 5.09 percent to 1,049.80 rupees, while Sri Lanka Telecom Plc rose 2.78 percent to 48 rupees. The bourse saw net foreign inflows of 47.8 million rupees ...


FTSE edges higher, housebuilders extend relief rally LONDON: Britain's top shares rose on Friday, led by housebuilders after the Bank of England's curbs on house prices proved less draconian than had been feared. Barratt Developments jumped 4.1 percent, the top FTSE 100 riser, followed by Persimmon, up 1.9 percent, whilst Redrow, Taylor Wimpey and Bellway were among the best mid-cap risers, up 2.5-6.7 percent.The gains, which built on a steep advance in the previous session fuelled by the Bank of England announcement, ...

Hong Kong shares close up 0.10pc, Hang Seng Index added 23.69 points HONG KONG: Hong Kong shares ended 0.10 percent higher Friday thanks to a late buying spree, bucking a broad regional sell-off despite a negative lead from Wall Street.The benchmark Hang Seng Index added 23.69 points to 23,221.52 on turnover of HK$48.28 billion (US$6.23 billion).The index spent most of the day in negative territory following New York's losses.On Thursday the US government said consumer spending, which accounts for more than two-thirds of economic activity, rose just ...

Asian shares sink after Wall St losses HONG KONG: Asian markets were mostly lower Friday following losses on Wall Street fuelled by anaemic US consumer spending, while the dollar and euro extended losses against the yen.Investors were taking a breather ahead of the release next week of key economic data, including on global manufacturing activity, US jobs and Japanese business confidence.Tokyo tumbled 1.39 percent, or 213.49 points, to 15,095.00 as the strong yen hit exporters, Sydney fell 0.35 percent, or 19.2 points, ...

Hong Kong shares close up 0.10pc HONG KONG: Hong Kong shares ended 0.10 percent higher Friday thanks to a late buying spree, bucking a broad regional sell-off despite a negative lead from Wall Street.The benchmark Hang Seng Index added 23.69 points to 23,221.52 on turnover of HK$48.28 billion (US$6.23 billion).In China the benchmark Shanghai Composite Index edged down 0.11 percent, or 2.17 points, to 2,036.51 on turnover of 76.7 billion yuan ($12.3 billion). The index rose 0.49 percent for the week.The ...

European stock markets rise at open LONDON: Europe's main stock markets rose slightly at the start of trading on Friday, with London's benchmark FTSE 100 index up 0.13 percent to 6,743.54 points.Frankfurt's DAX 30 grew 0.14 percent to 9,818.46 points and in Paris the CAC 40 index increased by 0.17 percent in value to stand at 4,447.17 compared with Thursday's close.Copyright AFP (Agence France-Presse), 2014

Asian shares sink after Wall St losses HONG KONG: Asian markets were mostly lower Friday following losses on Wall Street fuelled by anaemic US consumer spending, while the dollar and euro extended losses against the yen.Investors were taking a breather ahead of the release next week of key economic data, including on global manufacturing activity, US jobs and Japanese business confidence.Tokyo tumbled 1.39 percent, or 213.49 points, to 15,095.00 as the strong yen hit exporters, Sydney fell 0.35 percent, or 19.2 points, ...


 



 
Index Closing Chg%
Arrow DJIA 17,730.11 0.16
Arrow Nasdaq 5,009.22 0.08
Arrow S&P 2,076.78 0.03
Arrow FTSE 6,585.78 0.67
Arrow DAX 11,058.39 0.37
Arrow CAC-40 4,808.22 0.57
Arrow Nikkei 20,539.79 0.08
Arrow H.Seng 26,064.11 0.83
Arrow Sensex 28,092.79 0.53





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln