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Sri Lankan stocks fall to 12-week low; political uncertainty weighs COLOMBO: Sri Lankan stocks fell to a 12-week closing low on Thursday as investors pulled back over worries the defection of some ruling party members would result in a hung parliament after the Jan. 8 presidential polls.The main stock index closed down 0.89 percent or 63.83 points at 7,115.89, its lowest since Sept. 5, after falling 1.6 percent earlier in the session.Eight loyalists from President Mahinda Rajapaksa's United People's Freedom Alliance, including Health Minister Mithripala Sirisena, have defected since Rajapaksa announced the snap poll last week. Sirisena has resigned to contest against Rajapaksa as the consensus candidate of a united opposition."The crossovers have raised concern over the political stability of the government and some believe it could result in a hung parliament, resulting in political instability," a stockbroker said on condition of anonymity."At the moment, it is not clear who will win. But if we see a massive defection in ...

Hong Kong shares fall on scepticism about China market rally HONG KONG: Hong Kong shares finished down on Thursday as investors held back from chasing continuous gains on mainland exchanges due to doubts about the state of China's economy.The Hang Seng index fell 0.5 percent, to 24,004.28, while the China Enterprises Index lost 0.3 percent, to 11,013.87 points.Among the most actively traded stocks on Hong Kong's main board were CCT Land Holdings, down 17.4 percent to HK$0.02, China Strategic Holdings, up 7.3 percent to HK$0.06 ...
Vietnam index falls 0.55pc, OPEC lets down HANOI: Vietnam's benchmark VN Index hit a fresh five-month low at its Thursday close as energy-related shares extended falls after expectations for OPEC to cut oil output became low.Brent crude fell to a four-year low under $76.30 a barrel on Thursday as it became increasingly unlikely that OPEC would cut output to support prices during a meeting in Austria.Bargain hunting helped rising shares outperform the decliners by nearly two to one, but the index failed ...
Philippine index near two-week low after weak Q3 GDP BANGKOK: Philippine shares hit the lowest in nearly two weeks on Thursday after the country posted slower economic growth in the third quarter while most other indexes in Southeast Asia snapped rising streaks as energy related stocks fell in line with declining global oil prices.The Philippine economy slowed to its weakest pace in more than five years in the third quarter, hurt by a decline in public spending and farm output and signalling a longer-than-expected ...
Indian shares edge higher ahead of GDP data, central bank policy review MUMBAI: Indian shares edged up marginally on Thursday, led by buying in blue chips such as Infosys and Hindustan Unilever, while caution prevailed ahead of the release of economic growth data on Friday and the central bank's policy review due on Dec. 2.India economic growth probably slowed to 5.1 percent in the July-September quarter from a year ago, but economists polled by Reuters doubted whether that would be enough to persuade the central bank to ...
China stocks close up for 6th straight day on domestic enthusiasm SHANGHAI: China stocks closed up on Thursday as fresh funds poured into mainland boards, positioning themselves for further monetary easing and a coming wave of initial public offerings. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 1.2 percent, to 2,754.49, its highest since February 2013, while the Shanghai Composite Index gained 1.0 percent, to 2,630.49 points, its highest level since August 2011. Among the most active stocks in Shanghai were ...
SE Asia Stocks: Philippine stocks retreat; oil shares lead regional decline BANGKOK: Philippine shares retreated on Thursday after data showed economic growth slowed sharply in the third quarter while energy shares underperformed across Southeast Asia as global oil prices continued falling.The Philippine composite index fell 1 percent to 7,280.46, coming off a more than six-month closing high of 7,356.59 hit on Wednesday.The Philippine economy expanded by 5.3 percent from the same period last year, hit by a contraction in state spending and weaker growth in all ...

 



 
Index Closing Chg%
Arrow DJIA 17,827.75 0.07
Arrow Nasdaq 4,787.32 0.61
Arrow S&P 2,072.83 0.28
Arrow FTSE 6,729.17 0.03
Arrow DAX 9,915.56 0.55
Arrow CAC-40 4,373.42 0.20
Arrow Nikkei 17,383.58 0.14
Arrow H.Seng 24,111.98 1.12
Arrow Sensex 28,386.19 0.17






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln