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TSX lower as uncertainty reigns, industrials weigh TORONTO: Canada's main stock index pulled back on Thursday as investor caution about economic growth, geopolitical uncertainty and interest rate trajectories overpowered stronger-than-expected earnings from three of the country's biggest lenders.The most influential falls came from Canadian Pacific Railway Ltd, which fell 4.1 percent to C$208.80, and Toronto-Dominion Bank, which declined 1.1 percent to C$55.37 despite posting a surprisingly strong quarterly profit."Today is another example of investor confusion about which way to turn," said Julie Brough, vice president at Morgan Meighen & Associates, citing myriad worries from a possible Greek default to Middle East violence to Fed rate hikes. "Nobody's feeling exuberant right now. It's a cautious attitude that's taken hold," she said. The Toronto Stock Exchange's S&P/TSX composite index ended down 3.47 points, or 0.02 percent, at 15,107.00. Brough said Canadian Pacific's fall was likely a direct hit from the loss of traffic it will suffer as Teck Resources ...

Concern over Greece weighs on stocks; yen falls further NEW YORK: The US dollar on Thursday hit its highest against the yen since 2002 while stocks fell after Chinese brokerages tightened margin rules and the IMF head played down talk of an imminent deal to keep Greece afloat. US crude oil futures edged up but were on track for a weekly decline following 10 weeks of gains.A Greek government official had sparked speculation late on Wednesday that a deal to aid Athens had been ...
TSX drops as strong earnings fail to banish doubts about banks TORONTO: Canada's main stock index pulled back on Thursday as stronger-than-expected earnings from three of the country's biggest lenders early in the day failed to dispel market doubts about bank performance in the future.Among the three banks that reported on Thursday, Canadian Imperial Bank of Commerce also raised its dividend, joining two of Canada's Big Six banks that hiked their payouts earlier this week.While increased dividends will help them win favor, the question for Canada's ...
US stocks open lower as Avago buys Broadcom NEW YORK: US stocks opened lower Thursday as Avago Technologies announced a $37 billion deal to acquire fellow chipmaker Broadcom.Five minutes into trade, the Dow Jones Industrial Average was at 18,100.99, down 62.00 points (0.34 percent).The broad-based S&P 500 dipped 2.86 (0.13 percent) to 2,120.62, while the tech-rich Nasdaq Composite Index dropped 4.29 (0.08 percent) to 5,102.31, retreating from Wednesday's record.Trade has been volatile this week with strong gains Wednesday essentially reversing sharp losses in ...
Euro ticks up, stocks rise as Greece fights for deal NEW YORK: European stocks lead major markets higher on Wednesday and the euro edged up on signs, later dismissed, that Greece and its creditors were drafting an agreement that would provide Athens much-needed debt relief. The US dollar index added to the previous session's gains, boosted by an advance against the yen, and Nikkei futures rallied. Greece's government said it is starting to draft an agreement with creditors including the European Union and the International ...
TSX ends up 0.4pc despite drag from energy shares TORONTO: Canada's main stock index bounced back on Wednesday, with gains for banks and industrial stocks leading the charge and overshadowing losses among energy names, which wilted along with underlying commodity prices.Air Canada was a major winner, jumping 8 percent to C$13.59, after it said its pension funding gap had evaporated and more cash could be returned to investors or spent on new planes. The Toronto Stock Exchange's S&P/TSX composite index ended up 59.66 points, ...
TSX rises on bank earnings, but drop in oil shares limits gain TORONTO: Canada's main stock index was higher on Wednesday on modest gains in bank shares after Bank of Montreal and National Bank of Canada reported better-than-expected earnings and announced dividend hikes, but the rise was limited by a drop in oil and gas shares.The Toronto Stock Exchange's S&P/TSX composite index was up 22.75 points, or 0.15 percent, at 15,073.56 in late morning trade. Eight of the 10 major index sectors were higher.The index's financials group ...

 



 
Index Closing Chg%
Arrow DJIA 18,010.68 0.64
Arrow Nasdaq 5,070.03 0.55
Arrow S&P 2,107.39 0.63
Arrow FTSE 6,984.43 0.80
Arrow DAX 11,413.82 2.26
Arrow CAC-40 5,007.89 2.53
Arrow Nikkei 20,563.15 0.06
Arrow H.Seng 27,424.19 0.11
Arrow Sensex 27,828.44 1.17





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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%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln