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TSX turns negative as oil and bank shares drag TORONTO: Canada's main stock index was lower on Monday, getting June off to a sluggish start as commodity prices drove up mining stocks but pulled down oil and gas shares, while most of the financial sector retreated.The biggest heavyweight gainer was Bank of Nova Scotia , which rose 1.09 percent to C$66.11, but as a whole the financial group, which accounts for roughly a third of the index, retreated 0.4 percent, with Toronto-Dominion Bank and other major banks falling. TD declined 1.0 percent to C$53.62."The banks reported last week and they were pretty much as advertised. Scotia is up today, but the others are all stuck in the mud," said John Kinsey, portfolio manager at Caldwell Securities."It's not a very robust start to the new month. We do have the summer doldrums, as they say, coming up," he added. "But June will have to do something. It's the quarter-end and ...

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 ...
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, ...


Index Closing Chg%
Arrow DJIA 17,730.11 0.16
Arrow Nasdaq 5,009.22 0.08
Arrow S&P 2,076.78 0.03
Arrow FTSE 6,585.78 0.67
Arrow DAX 11,058.39 0.37
Arrow CAC-40 4,808.22 0.57
Arrow Nikkei 20,539.79 0.08
Arrow H.Seng 26,064.11 0.83
Arrow Sensex 28,092.79 0.53

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln