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European shares edge lower, Essilor up on positive outlook LONDON: European shares edged down from one-month highs on Thursday following uncertainty regarding the European Central Bank's possible move to ease policy to stimulate growth in the region.ECB sources said late on Wednesday that the central bank was unlikely to take new policy action next week unless August inflation figures on Friday show the euro zone sinking significantly towards deflation. Investors awaited preliminary German inflation data due later in the session for hints about how soft the euro zone numbers might turn out. Other data releases include German unemployment, Italian retail sales and euro zone economic sentiment indicators.At 0709 GMT, the pan-European FTSEurofirst 300 index was down 0.2 percent at 1,375.48 points after hitting a one-month peak in the previous session.Optical equipment maker Essilor rose 5.5 percent after it forecast full-year revenue growth of more than 13 percent excluding currency effects, after first-half sales rose 7.9 percent. Copyright Reuters, 2014 ...

Most markets dip on profit-taking DUBAI: Stock markets in the United Arab Emirates, Qatar and Egypt edged down in early trade on Thursday as investors booked profits after strong gains this week.Dubai's bourse fell 1.0 percent with most stocks in the red. Builder Arabtec, which dominated trading, dropped 2.3 percent to 4.68 dirhams, even though its biggest shareholder and former chief executive Hasan Ismaik said on Wednesday the stock was worth over 5 dirhams. Investors may have been disappointed by ...

Asia shares mostly down, euro claws back some losses HONG KONG: Asia's markets mostly fell Thursday, with investors unable to build on the previous day's advances after the S&P on Wall Street notched up another record.With few catalysts to drive trade the dollar retreated from seven-month highs against the yen, while the euro clawed back some losses after Germany dampened speculation that the European Central Bank (ECB) would unveil new easing policies.Australian flag-carrier Qantas was the standout performer, surging almost seven percent on hopes ...

Tokyo stocks close down 0.48pc, Nikkei 225 index eased 74.96 points TOKYO: Tokyo stocks lost 0.48 percent Thursday, dragged down by a stronger yen as investors await the release of key US economic growth data later in the day.The benchmark Nikkei 225 index eased 74.96 points to finish at 15,459.86, while the Topix index of all first-section shares fell 0.40 percent, or 5.18 points, to 1,280.74."There remains a lack of trading incentives, while the dollar is meeting resistance above the 104-yen mark, which invites profit-taking," said ...

Russian shares and rouble open down as Ukraine peace hopes fade MOSCOW: Russian stock indexes and the rouble opened down on Thursday, as reports of fresh Russian military incursions into Ukraine dented hopes of a resolution to the crisis. At 0615 GMT, the dollar-denominated RTS index was down 0.8 percent at 1,253 points, while its rouble-based peer MICEX was 0.6 percent lower at 1,448 points.Ukraine accused Russia on Wednesday of further military incursions in support of pro-Russian separatists in the country's east, two days after revealing ...

Australia shares close lower on miners, Qantas at June highs SYDNEY: Australian shares fell 0.5 percent on Thursday as persistent weakness in iron ore prices hit miners, though a jump in Qantas helped bolster investor sentiment. Australia's national carrier Qantas Airways Ltd soared 7 percent to A$1.385, its highest since early June.The S&P/ASX 200 index dipped 26.8 points to 5,624.4 at the close of trade.The index added 0.2 percent on Wednesday, closing at a six-year high. New Zealand's benchmark NZX 50 index slipped 0.1 percent ...

Tokyo stocks close down 0.48pc TOKYO: Tokyo stocks closed down 0.48 percent Thursday, dragged by a stronger yen, after a muted session on Wall Street.The benchmark Nikkei 225 index eased 74.96 points to 15,459.86, while the Topix index of all first-section shares was down 0.40 percent, or 5.18 points, at 1,280.74.Copyright AFP (Agence France-Presse), 2014


Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,825.31 0.08
Arrow DAX 9,479.03 0.09
Arrow CAC-40 4,379.73 0.03
Arrow Nikkei 15,476.60 0.34
Arrow H.Seng 24,752.09 0.04
Arrow Sensex 26,867.55 0.86

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln