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Sri Lankan shares down for second day; Lanka IOC drags COLOMBO: Sri Lankan shares fell for a second session on Wednesday led by Lanka IOC after its poor performance in the March quarter, and also on foreign outflows, stockbrokers said.However, most investors have been cautiously optimistic on the island nation's risky assets due to a lack of clarity on the political front and the timing of a parliamentary election as concerns over stability weighed on sentiment.The main stock index ended down 0.11 percent at 7,253.50, the lowest close since May 14."The index will be moving zig-zag until you see some kind of positive news on political stability," a stockbroker said.Political uncertainty due to the Ranil Wickremesinghe-led government not having a majority has been a drag on the market, though the trend reversed after the central bank cut key monetary policy rates to record lows on April 15.The index has gained 5.2 percent since the rate cut.Analysts say a new stable ...

SE Asia stocks mostly fall on outflows, Fed rate outlook; Thai index rebounds BANGKOK: Thai stocks recouped early losses in thin trade on Wednesday as retail investors bought shares, while other Southeast Asian stock markets fell as expectations about an early interest rate hike in the United States unnerved investors in Asia.The Thai SET index ended the day up 0.2 percent after falling at one point to a near two-week low.Retail investors bought shares worth a net 2.1 billion baht ($62 million), countering selling led by foreign investors ...
Indian shares end flat as rate-cut hopes offset earnings disappointment MUMBAI: India's NSE index ended little-changed on Wednesday as gains in banking stocks on expectations of a rate cut offset a fall in shares of Tata Motors.The NSE index closed down 0.06 percent, while the benchmark BSE index ended up 0.12 percent.Axis Bank Ltd rose 2.4 percent, while ICICI Bank Ltd and HDFC Bank Ltd both closed up 1.1 percent.The Reserve Bank of India is likely to cut its benchmark interest rate by 25 basis ...
Tokyo, Shanghai rallies buck Asian market losses HONG KONG: Tokyo's stock market clocked up a ninth straight gain Wednesday thanks to a weaker yen while Shanghai jumped for a seventh session as investors bet on China unveiling more economy-boosting measures.However, most other markets in Asia retreated following a sell-off on Wall Street.The euro edged up slightly on bargain-buying although it is still struggling due to fears that Greece will default on its debt obligations.An upbeat series of US data has put the ...
Tokyo stocks rise again in nine-day rally TOKYO: Tokyo stocks squeaked out another positive session Wednesday with the benchmark index marking its ninth straight day of gains as a weak yen offset falls on Wall Street.The Nikkei 225 at the Tokyo Stock Exchange added 0.17 percent, or 35.10 points, to end at a new 15-year high of 20,472.58, while the Topix index of all first-section shares was up 0.11 percent, or 1.76 points, to 1,661.33.Copyright AFP (Agence France-Presse), 2015 ...
Hong Kong shares down 0.57pc at break HONG KONG: Hong Kong stocks ended the morning session 0.57 percent lower Wednesday following healthy gains over the past two days, while Wall Street's three main indexes all suffered heavy losses.The Hang Seng Index fell 162.18 points to 28,087.68 on turnover of HK$84.55 billion ($10.91 billion).But the benchmark Shanghai Composite Index edged up 0.16 percent, or 7.89 points, to 4,918.79.The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.38 percent, or 11.10 ...
Taiwan stocks mostly flat in cautious trade; overseas markets weak TAIPEI: Taiwan stocks were mostly flat on Wednesday on caution over weak overseas markets.As of 0159 GMT, the main TAIEX index was down 0.05 percent at 9,664.96, after closing up 0.25 percent on Tuesday.The electronics subindex was down 0.2 percent while the financial subindex was up 0.9 percent.Among actively traded shares, CTBC Financial Holding Co was 4.4 percent higher. The Taiwanese company said Tuesday that it would buy a 100 percent stake in the bank ...


ArrowDJIA 18,041.54 1.04
ArrowNasdaq 5,032.75 1.11
ArrowS&P 2,104.20 1.03
ArrowFTSE 6,948.99 1.18
ArrowDAX 11,625.13 1.61
ArrowCAC-40 5,083.54 0.66
ArrowNikkei 20,437.48 0.12
ArrowH.Seng 28,249.86 0.92
ArrowSensex 27,531.41 0.41

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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 $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 26, 2015
Reserves $17.749 bln