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TSX flat as investor caution offsets TransCanada gains  TORONTO: Canada's main stock index was little changed on Wednesday as optimism on Alcoa Inc's outlook and a rise in TransCanada Corp shares after the company won a large contract were tempered by caution about the outlook for global growth.   TransCanada shares rose 2 percent to C$48.22 after the country's largest pipeline operator revealed plans to build a C$5 billion line for Progress Energy Canada in British Columbia.   However, the gains in the market were kept in check as investors remained wary about the fiscal situation in the United States and ahead of policy meetings of European central banks.   Investors are keeping a close eye on whether the fiscal cliff talk in the fourth quarter affected earnings numbers and on the projections companies will be making, said Elvis Picardo, strategist and vice president of research at Global Securities in Vancouver.   "This is the first indication we are going to get from many of the ...

European shares mixed LONDON: European stock markets closed mixed but mostly lower Tuesday as investors digested company news and were cautious ahead of US aluminium giant Alcoa kicking off the quarterly earnings season.   London's FTSE 100 index of leading companies slid 0.18 percent to 6,053.63 points and Frankfurt's DAX 30 dropped 0.48 percent to 7,695.83 points, while in Paris the CAC 40 edged up 0.03 percent to 3,705.88 points.   The European single currency fell to $1.3074, compared with $1.3115 late ...
Wall St dips as earnings season begins  NEW YORK: US stocks were little changed at the open on Tuesday as an earnings season expected to show sluggish corporate growth gets under way.   Profits in the fourth quarter are seen above the previous quarter's lackluster results, but analysts' current estimates are down sharply from where they were in October. Quarterly earnings are expected to grow by 2.8 percent, according to Thomson Reuters data.   If earnings growth appears to be "less bad" than expected that would ...
TSX opens lower on US earnings caution  TORONTO: Canada's main stock index opened lower on Tuesday, led down by financial and energy stocks, on investor caution as the US earnings season gets under way.   The Toronto Stock Exchange's S&P/TSX composite index was down 13.24 points, or 0.11 percent, at 12,486.31 shortly after the open.   Copyright Reuters, 2013* ...
Brazil stocks fall on tax fines, energy worries  SAO PAULO: Brazilian stocks fell on Tuesday as continued worries over energy rationing dragged down shares of electric utilities and potential tax fines weighed on shares of MMX and Natura.   Chile's bourse fell for the first session in six, while Mexico's IPC index was little changed.   Brazil's benchmark Bovespa stock index fell for the third straight session, losing 0.48 percent to 61,634.17 points.   "Investors are being cautious before the fourth-quarter earnings season begins," said Luiz Roberto Monteiro, a ...
US stocks open lower as earnings season kicks off  NEW YORK: US stocks opened lower Tuesday as earnings season was set to begin, with investors cautious after the economy plodded along during the fourth quarter of 2012.   Five minutes into trade, the Dow Jones Industrial Average was down 28.68 points (0.21 percent) at 13,355.61.   The broad-based S&P 500 fell 3.05 points (0.21 percent) to 1,458.84, while the tech-heavy Nasdaq Composite edged down 0.95 (0.03 percent) to 3,097.86.   Monsanto sheres surged 3.1 percent to $99.05 after reporting a ...
US stocks fall ahead of start of earnings season  NEW YORK: US stocks closed lower Monday amid profit taking from last week's rally and caution on the eve of the start of corporate earnings season.   The Dow Jones Industrial Average was down by 51.23 points (0.38 percent) at 13,383.98 in closing trade.   The broad-based S&P 500 fell 4.68 points (0.32 percent) to 1,461.79, while the tech-heavy Nasdaq Composite edged down 2.84 (0.09 percent) to 3,098.81.   Stocks gave back some of their gains from last week "amid some ...


Index Closing Chg%
Arrow DJIA 16,979.13 0.35
Arrow Nasdaq 4,526.48 0.02
Arrow S&P 1,986.51 0.25
Arrow FTSE 6,755.48 0.35
Arrow DAX 9,314.57 0.21
Arrow CAC-40 4,240.79 0.32
Arrow Nikkei 15,454.45 0.03
Arrow H.Seng 25,159.76 0.15
Arrow Sensex 26,314.29 0.40

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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 15, 2014
Reserves $14.264 bln