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India's shares surge on government energy reforms, state elections MUMBAI: Indian shares rose more than 1 percent on Monday after the government's energy reforms led to a rally in energy firms, while wins by Prime Minister Narendra Modi's party in two state elections raised expectations for additional reforms. The government on Saturday removed diesel price controls and raised the cost of natural gas. Analysts said markets will now expect more measures after results on Sunday showed the Bharatiya Janata Party won elections in Maharashtra and Haryana. State run oil refiners surged, with Hindustan Petroleum Corp up 7.4 percent.Bharat Petroleum Corp rose 6.3 percent. Shares in Indian oil explorers also jumped: Oil and Natural Gas Corp gained 5.6 percent. The broader NSE index was up 1.3 percent.Copyright Reuters, 2014

Tokyo stocks up more than 3pc on weaker yen, Wall St gains TOKYO: Tokyo stocks jumped more than three percent in early trade Monday, following sharp gains on Wall Street, while a weaker yen boosted exporters.The Nikkei 225 index at the Tokyo Stock Exchange, which closed at a five-month low last week, rose 3.32 percent, or 482.09 points, to 15,013.60.The broader Topix index of all first-section shares was up 3.35 percent, or 39.47 points, at 1,216.71."After four tough weeks, there should be at least some bargain-buying today, ...

China shares higher in morning trade SHANGHAI: Chinese stocks were higher in morning trade Monday after media reports the central bank would inject funds into commercial banks to help support the economy, dealers said.The benchmark Shanghai Composite Index rose 0.33 percent, or 7.78 points, to 2,348.96.The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.41 percent, or 5.43 points, to 1,328.95.China's central bank is planning to inject 200 billion yuan ($32.5 billion) into 20 banks to channel credit ...

Dubai stock jumps after global markets rebound; Arabtec surges DUBAI: Dubai stock index jumped in opening minutes on Sunday after global markets rebounded on Friday and shares in builder Arabtec Holding surged as it moved closer towards starting work on a huge project in Egypt.The benchmark rose 4.1 percent while Arabtec was up 9.2 percent. Heavyweight Emaar Properties added 3.5 percent.Arabtec said on Sunday it expected soon to conclude the final agreement with Egyptian authorities to begin work on a $40 billion project to ...

Sri Lankan stocks close lower on profit-taking COLOMBO: Sri Lankan stocks fell for the second straight session on Friday, led by profit-taking in select shares such as Sri Lanka Telecom Plc and John Keells Holdings Plc, although foreign investors bought into risky assets. Sri Lanka's main stock index fell 0.31 percent, or 22.60 points, to 7,234.47. Foreign investors bought a net 15.9 million rupees ($121,792) worth of shares on Friday, extending the year-to-date net foreign inflow to 10.13 billion rupees, exchange data ...

Wall St to open higher on earnings boost NEW YORK: US stocks were set for a higher open on Friday following a batch of solid earnings reports and on hopes the Federal Reserve might slow the wind-down of its stimulus in light of recent weakness in global demand. The benchmark S&P index is on track for its fourth straight weekly decline, its longest streak in more than three years, and is down more than 7 percent from its record high as concerns about ...

TSX opens higher on US data, commodity prices TORONTO: Canada's main stock index jumped on Friday as positive US economic data and gains in the prices of some commodities helped support most major sectors.The Toronto Stock Exchange's S&P/TSX composite index was up 161.95 points, or 1.2 percent, at 14,221.92 shortly after the open. Copyright Reuters, 2014


Index Closing Chg%
Arrow DJIA 16,614.81 1.31
Arrow Nasdaq 4,419.48 2.40
Arrow S&P 1,941.28 1.96
Arrow FTSE 6,372.33 1.68
Arrow DAX 8,886.96 1.94
Arrow CAC-40 4,081.24 2.25
Arrow Nikkei 14,804.28 2.03
Arrow H.Seng 23,088.58 0.08
Arrow Sensex 26,575.65 0.55

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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