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US stocks close lower, S&P loses 0.84pc NEW YORK: Nervous investors sold down US stocks Monday after surviving last week's turbulence, amid continued worries over the potential broader impact of China's slowdown.Caution was warranted as the Tokyo and Shanghai exchanges fell again and Europe's major bourses also sagged, with the exception of London, closed for a banking holiday.After trading lower all day, the Dow Jones Industrial Average finished down 114.98 points (0.69 percent) at 16,528.03.The broader S&P 500 lost 16.69 points (0.84 percent) at 1,972.18, and the Nasdaq Composite gave up 51.82 (1.07 percent) at 4,776.51.There was little concrete news to drive trade; the weekend's central banking conference in Jackson Hole, Wyoming, shed no light on whether the Federal Reserve was likely to begin raising interest rates in September.Analysts said the markets were still not free of the turbulence that sparked huge selloffs across the world, and sometimes nearly as sharp recoveries, last week."The downside risks for ...

US stocks dip in final day of 'crazy' week NEW YORK: Wall Street stocks dipped in early trade Friday as the US market clung to its gains for the week after turbulent trade prompted by fears about the Chinese economy.About 45 minutes into trade, the Dow Jones Industrial Average was down 76.05 points (0.46 percent) at 16,578.72.The broad-based S&P 500 fell 6.01 (0.30 percent) to 1,981.65, while the tech-rich Nasdaq Composite Index lost 17.58 (0.37 percent) at 4,795.12.Heading into Friday, the S&P 500 was ...
TSX extends rally, up nearly 3pc on soaring oil TORONTO: Canada's main stock index jumped nearly 3 percent on Thursday, recouping this week's hefty losses, as a 10 percent surge in crude oil prices fueled a rally in energy shares and helped lead an across-the-board bounce.U.S. crude prices vaulted 10.26 percent to settle at $42.56 a barrel on a global rally in equity markets and an unexpected fall in U.S. crude inventories."That's really given the energy stocks a breather. All of them are having ...
US stocks surge for 2nd straight day; S&P 500 up 2.43pc NEW YORK: US stocks posted big gains for the second straight session Thursday as strong American economic data extended a global rally that began with a surge in beaten-down Chinese equities.The Dow Jones Industrial Average rose 369.26 points (2.27 percent) to 16,654.77.The broad-based S&P 500 jumped 47.15 (2.43 percent) to 1,987.66, while the tech-rich Nasdaq Composite Index advanced 115.17 (2.45 percent) to 4,812.71.The Commerce Department reported that the US economy grew at an annual rate ...
US stock rally snaps 6-day skid; Dow up 3.95pc NEW YORK: US stocks surged Wednesday, snapping a six-day losing streak prompted by a big pullback in Chinese equities that has roiled global markets.The Dow Jones Industrial Average jumped 619.07 points (3.95 percent) to 16,285.51. The broad-based S&P 500 gained 72.90 (3.90 percent) at 1,940.51, while the tech-rich Nasdaq Composite Index bolted up 191.05 (4.24 percent) to 4,697.54.All 30 members of the Dow rose, led by Merck with 6.4 percent. Several other companies rose more ...
US stocks surge in opening trade NEW YORK: Wall Street equities jumped in opening trade Wednesday as investors tried to snap a six-day losing streak prompted by turmoil in the Chinese stock market.About 20 minutes into trade, the Dow Jones Industrial Average stood at 15,985.73, up 319.29 points (2.04 percent).The broad-based S&P 500 rose 39.09 (2.09 percent) to 1,906.70, while the tech-rich Nasdaq Composite Index gained 105.82 (2.35 percent) at 4,612.30.The buoyant start in the US recalled Tuesday's confident open, which ...
US stocks end lower as morning rally fizzles NEW YORK: US stocks finished lower for the sixth straight session Tuesday, with the Dow posting another triple-digit decline after a morning rally fizzled. The Dow Jones Industrial Average shed 204.91 points (1.29 percent) at 15,666.44.The broad-based S&P 500 dropped 25.60 (1.35 percent) to 1,867.61, while the tech-rich Nasdaq Composite Index lost 19.76 (0.44 percent) at 4,506.49.US equity markets surged early and stayed high much of the day, but faded sharply in the last hour ...

 



 
Index Closing Chg%
Arrow DJIA 16,528.03 0.69
Arrow Nasdaq 4,776.51 1.07
Arrow S&P 1,927.18 0.84
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,259.46 0.38
Arrow CAC-40 4,652.95 0.47
Arrow Nikkei 18,890.48 1.28
Arrow H.Seng 21,670.58 0.27
Arrow Sensex 26,283.09 0.41





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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln