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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 gained 0.4 percent, with National Bank up 0.9 percent at C$49.78. Bank of Montreal, however, slipped 0.4 percent to C$77.62.The index's energy sector has struggled to deal with a precipitous drop in oil prices that has recently leveled out far below the roughly $100 price of a year ago.Joe Tatusko, chief investment officer at financial advisory firm Westport Resources in Connecticut, said he sees a dim future for Canadian oil stocks."We just see continued weakness ...

Euro off lows, stocks rise on tentative Greek debt accord NEW YORK: The euro stabilized in volatile trading and stocks rose on Wednesday after reports that Greece and its creditors, including the European Union and IMF, had reached an agreement that will provide debt relief to the struggling nation.The agreement between Greece and the Brussels Group, comprised of major creditors that include the EU and International Monetary Fund, will include no more wage or pension cuts to help get more aid for the nation, which ...
TSX in broad retreat as resource shares weigh TORONTO: Canada's main stock index dropped sharply on Tuesday as gold miners, banks and energy companies led a broad selloff that had some investors cheering a possible readjustment of valuations as US interest rates were seen coming closer to a rise.The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 136.59 points, or 0.90 percent, at 15,050.81. Of the 10 main index sectors, only info tech gained. Copyright Reuters, 2015 ...
TSX stumbles as greenback rally hurts commodity players TORONTO: Canada's main stock index stumbled on Tuesday as gold miners, banks and energy companies led a broad sell-off that had value investors cheering as data reminded the market that US interest rates will eventually rise. With a long period of low borrowing costs, money has sloshed into equities, one portfolio manager said. Some of the froth could be removed with each economic report that prompts the US Federal Reserve closer to a rate hike. ...
TSX retreats as greenback rally pressures commodity prices TORONTO: Canada's main stock index stumbled on Tuesday, with gold mining and energy stocks bruised by slumping gold and crude prices following a U.S. data-driven rally in the greenback.After a lackluster first quarter, the U.S. economy was showing signs of getting back on track following better-than-expected durable goods orders. The more upbeat data could help push the Federal Reserve closer to deciding when it will resume hiking interest rates."Surprisingly, Canadian stocks ... have held in ...
TSX slips in slow trade on energy pullback TORONTO: Canada's main stock index slipped on Monday as investors took money out of recently rising energy stocks, but gave muted backing to banks ahead of their closely watched week of quarterly earnings reports. Trade was slow, with US markets closed for the Memorial Day holiday. The Toronto Stock Exchange's S&P/TSX composite index dropped 13.36 points, or 0.09 percent, to close at 15,187.40. Copyright Reuters, 2015 ...
TSX opens broadly lower; energy leads retreat TORONTO: Canada's main stock index opened lower on Monday, with most of the index's main sectors losing ground and US markets closed for the Memorial Day holiday. The Toronto Stock Exchange's S&P/TSX composite index fell 21.09 points, or 0.14 percent, to 15,179.67. Energy stocks were off 0.3 percent as crude prices dipped. Copyright Reuters, 2015 ...


Index Closing Chg%
Arrow DJIA 17,689.86 0.03
Arrow Nasdaq 5,128.28 0.01
Arrow S&P 2,103.84 0.23
Arrow FTSE 6,696.28 0.41
Arrow DAX 11,308.99 0.46
Arrow CAC-40 5,082.61 0.72
Arrow Nikkei 20,585.24 0.30
Arrow H.Seng 24,636.28 0.56
Arrow Sensex 28,114.56 1.48

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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 $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln