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Wall St rallies, S&P 500 cuts losses for the week NEW YORK: US stocks climbed on Friday, with all 10 major S&P 500 sectors gaining in a broad rally after comments from a Chinese official indicated that the country's government was ready to take steps to support its slowing economy. With the day's gain, the Dow turned positive for the week and the S&P sharply cut its weekly losses and returned to solidly positive territory for 2014. The Nasdaq, however, remained on track for a negative week following an extended period of investors taking profits in some of the market's biggest outperformers. China's Premier Li Keqiang said the government had the necessary accommodative policies in place and would push ahead with infrastructure investment. "We cannot neglect the increasing downward pressure and difficulties," he said in a speech on Wednesday, reported by the Xinhua news agency early on Friday. The prospect of slowing growth in China, the world's second-largest economy, has ...

China hopes, BlackBerry jump drive TSX higher TORONTO: Canada's main stock index rose sharply on Friday, helped by expectations the Chinese government will come up with a stimulus package to support the economy and by a jump in shares of BlackBerry.BlackBerry gained 3.4 percent after the company reported a much smaller-than-expected quarterly loss even as its smartphone sales continued to slide.The market was also encouraged by data showing a rise in US consumer spending in February, following a wave of upbeat numbers ...
US shares open higher helped by income, spending data NEW YORK: Better-than-expected numbers on US consumer incomes and spending helped Wall Street make a solid start in opening trade on Friday.Five minutes into the session, the Dow Jones Industrial Average was up 41.30 points (0.25 percent) to 16,305.53.The broad-based S&P 500 added 7.64 (0.41 percent) at 1,856.68, while the tech-rich Nasdaq Composite gained 16.17 (0.39 percent) to 4,167.40.Consumer incomes and spending both rose 0.3 percent in February, beating forecasts though still fairly tepid."We had ...
US stocks end choppy session in red NEW YORK: US stocks closed in the red on Thursday, with the tech-rich Nasdaq leading the losses for a second straight day as investors weighed a batch of mixed economic data.The Dow Jones Industrial Average slipped a scant 4.76 points (0.03 percent) to 16,264.23.The S&P 500, a broad measure of the markets, shed 3.52 (0.19 percent) at 1,849.04, while the tech-rich Nasdaq Composite Index was the worst performer, tumbling 22.35 (0.54 percent) to 4,151.23.Markets spent ...
US stocks pare losses in early trade NEW YORK: US stocks were flat in early trade on Thursday, paring back hefty opening losses after a batch of mixed economic data.After 45 minutes of trade, the Dow Jones Industrial Average was down 63.77 points (0.39 percent) at 16,205.22.The S&P 500, a broad measure of the markets, shed 9.34 (0.50 percent) at 1,843.22, while the tech-rich Nasdaq Composite Index tumbled 34.48 (0.83 percent) to 4,139.10."Stocks are searching for direction as investors weigh economic data ...
TSX retreats on gold miner selloff, Ukraine fears TORONTO: Canada's main stock index slipped on Wednesday, led by a sharp selloff in gold mining shares and broad declines in most other sectors, after comments from President Barack Obama revived worries about the crisis in Ukraine.While the United States and the European Union decided to work together to prepare possible tougher economic sanctions on Moscow, Obama said Russian President Vladimir Putin had miscalculated if he thought he could divide the West or count on ...
Tech slump leads US stocks lower NEW YORK: US stocks Wednesday finished lower with technology names tumbling the most after the market snubbed a Facebook acquisition announcement and King Digital's first day of trade as a public company.The Dow Jones Industrial Average fell 98.89 (0.60 percent) to 16,268.99.The broad-based S&P 500 declined 13.06 (0.70 percent) to 1,852.56, while the tech-rich Nasdaq Composite Index sank 60.69 (1.43 percent) to 4,173.58.Michael James, managing director of equity trading at Wedbush Securities, said some tech ...

 



 
Index Closing Chg%
Arrow DJIA 17,550.69 0.27
Arrow Nasdaq 5,105.55 0.19
Arrow S&P 2,093.32 0.22
Arrow FTSE 6,686.57 0.03
Arrow DAX 11,456.07 0.11
Arrow CAC-40 5,112.14 0.16
Arrow Nikkei 20,520.36 0.14
Arrow H.Seng 24,406.12 0.02
Arrow Sensex 28,071.93 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-July
Trade Balance $-22.095 bln
Exports $23.885 bln
Imports $45.980 bln
WeeklyAugust 03, 2015
Reserves $18.536 bln