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US stocks near record high, European yields slip further NEW YORK: Major US stock indexes rose on Wednesday with the Standard & Poor's 500 holding around the 2,000 milestone, while bets the European Central Bank is on the brink of injecting more stimulus knocked the region's government bond yields to record lows.Prospects the ECB might buy bonds similar to what the U.S. Federal Reserve has done to help the euro zone economy drove the euro to its weakest against the dollar in a year and stoked a rise in European share prices for a third day.Among key commodities, Brent crude oil rose towards $103 a barrel on reduced supply from a large oil field in the North Sea due to additional maintenance. Gold notched higher as the dollar retreated against a basket of major currencies.Investors were wary about piling into equities and other risky assets after Ukraine accused Russian forces of a fresh military incursion across its border, a ...


UK's FTSE edges lower as Sainsbury slips LONDON: Britain's top equity index edged lower on Wednesday, with supermarket stocks such as Sainsbury and Tesco among the worst-performers after weak sales data.The blue-chip FTSE 100 index dipped by 0.1 percent, or 4.33 points, to 6,818.43 points going into the close of the trading day.Sainsbury fell 2.2 percent, making it the worst-performing FTSE 100 stock in percentage terms, while Tesco retreated by 1.2 percent after data from Kantar Worldpanel showed yet more weak sales ...

European shares steady, UK grocery firms slip LONDON: European shares steadied near a one-month high on Wednesday, pausing after a 2-1/2-week rally, as a drop in German consumer morale and negative corporate news curbed appetite for stocks.Declines in individual shares included UK grocers Sainsbury and Tesco slipping 2.2 percent and 1.3 percent respectively after data from Kantar Worldpanel showed UK grocery market sales rose 0.8 percent in the 12 weeks to Aug. 17, a 10-year low.And Seadrill, the world's biggest offshore driller ...

TSX slips as resources offset National Bank gain TORONTO: Canada's main stock index eased on Wednesday after hitting a record high in the previous session as weakness in energy and materials shares weighed, offsetting a gain in National Bank of Canada after the lender reported strong quarterly results.A 3.9 percent drop in Talisman Energy Inc, after news that the oil company had run into difficulties trying to sell itself to Spanish energy company Repsol SA, was also a drag.National's shares jumped 2.4 percent ...

South African stocks snap two-day winning streak as miners weigh JOHANNESBURG: South African stocks ended slightly lower on Wednesday, snapping a two-day winning streak, as miners came under pressure from a stronger rand and faltering metal prices.The benchmark JSE Top-40 index was down 0.27 percent at 46,351 and the broader All-share index inched down 0.23 percent to 51,610."The rand is little firmer and the price of iron ore continues to pull back and that is keeping diversified miners under some pressure," said Rabi Thithi, a ...

Kenyan shares buoyed by Kenya Airways, shilling flat NAIROBI: Kenyan stocks climbed for a fourth session in a row on Wednesday, thanks to a recovery in Kenya Airways' shares, while the shilling was flat against the dollar.The benchmark NSE-20 share index added 0.6 percent to close at 5,072.87 points, staying close to seven-month highs reached at the start of this month.Kenya Airways' shares rose 4.7 percent to 10 shillings, having fallen last week when the airline suspended its seven weekly flights to Liberia ...

US stocks slip after S&P breaks 2,000 barrier NEW YORK: Wall Street fell slightly in early trade Wednesday a day after the S&P 500 set a new mark, closing above the 2,000 milestone for the first time.Investors continued to support US shares backed by ultra-low interest rates, an economy growing at a moderate pace, and still little threat of inflation.About 45 minutes into trade, the Dow Jones Industrial Average was off 10.44 points (0.06 percent) at 17,096.26.The broad-based S&P 500 lost 2.08 (0.10 ...


 



 
Index Closing Chg%
Arrow DJIA 17,079.57 0.25
Arrow Nasdaq 4,557.70 0.26
Arrow S&P 1,996.74 0.17
Arrow FTSE 6,805.80 0.36
Arrow DAX 9,462.56 1.12
Arrow CAC-40 4,366.04 0.66
Arrow Nikkei 15,459.86 0.48
Arrow H.Seng 24,741.00 0.71
Arrow Sensex 26,638.11 0.29





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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 28, 2014
Reserves $13.582 bln