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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 that suggested the US economy in the first quarter was shaping up stronger than some people had expected.China's Premier Li Keqiang said that Beijing was ready to support the world's second-biggest economy and signaled a willingness to drive infrastructure investment.China is a major market for Canada's natural resources."There's been some expectation built in already that the Chinese government will not let growth diminish too far, and this is really the confirmation of that," said Julie ...

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 ...
Latam stocks extend rally as risk appetite grows SAO PAULO: Latin American stocks gained for an eighth consecutive session on Wednesday as hopes of stimulus measures in China and Europe coupled with better-than-forecast US economic data supported investors' appetite for risk.But Brazil's real and Mexico's peso, the most-traded currencies in the region, halted their recent rally after hitting multimonth highs.MSCI's benchmark stock index for Latin America rose 0.4 percent in its eighth straight positive session. Brazil's benchmark Bovespa index also climbed 0.4 percent, ...


Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,516.27 0.68
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln