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Indian shares slump; posts sharpest one-day fall in 2-1/2 months MUMBAI: Indian shares posted their biggest single-day fall in about two-and-a-half months as blue-chips tracked weaker global shares on disappointment over European manufacturing data and concerns about an unemployment measure in a survey in China.Caution also prevails ahead of the expiry of the monthly derivatives contracts on Thursday which traditionally sparks volatility in markets.Investors were also mitigating risk after surveys showed French business activity contracted in September and Germany's manufacturing sector expanded at its slowest pace since June 2013.Meanwhile, a private survey showed China factory activity edged up in September, but also showed unemployment falling to a 5-1/2-year low."The fall has been largely because of positional unwinding ahead of derivatives contract expiry. Also, investors were churning portfolios," said Deven Choksey, managing director at KR Choksey Securities."However, outlook remains positive and markets are consolidating. We will see further uptick after Nifty crosses 8,250," said Choksey.The benchmark BSE index closed 1.58 percent ...

Sri Lanka stocks edge up after policy rate decision COLOMBO: Sri Lankan stocks rose for the sixth straight session on Tuesday to touch their highest in more than three years after the central bank effectively reduced its standing deposit facility rate to boost credit and economic growth.Before the market opened, the central bank announced moves to make commercial banks lower their interest rates and increase lending to support an economy expected to grow 7.8 percent this year, while keeping its own policy lending rate ...
Vietnam index gains 0.3pc; property firms, banks lead HANOI: Vietnam's benchmark VN Index edged up 0.3 percent by the midday break on Tuesday, led by property firms and banks following reports about a government plan to support the real estate market, traders said.Shares of property developer Tan Tao Investment and Industry Corp rose 3.57 percent and led the gainers, followed by Vingroup with a 1.83 percent increase and HAGL Co , that edged up 0.82 percent.Ho Chi Minh City-based Sacombank, Eximbank , Military ...
South Korean shares slip as China PMI shrugged off; won pares losses to close flat SEOUL: South Korean shares fell on Tuesday, as market players shrugged off a better-than-expected Chinese manufacturing survey as geopolitical risks rose after the U.S launched its first air strikes on Islamic State targets in Syria. The HSBC flash survey for September beat gloomy forecasts, but that wasn't enough to outweigh fears that the world's second largest economy is losing traction as an employment sub-index showed factory jobs slumped to a 5-1/2 year low. The Korea ...
China shares rise on better-than-expected flash PMI number HONG KONG: China shares rose on Tuesday after a preliminary survey showed the Chinese manufacturing sector unexpectedly picked up in September, easing but not dispelling concerns that the country could see a sharp slowdown in growth.The HSBC/Markit Flash China Purchasing Managers' Index (PMI) rose to 50.5 in September from August's final reading of 50.2, beating a Reuters poll forecast of 50.0.The Shanghai Composite Index climbed 0.9 percent to 2,309.83 points.The CSI300 of the leading Shanghai ...
Taiwan stocks flat ahead of central bank policy meeting TAIPEI: Taiwan stocks were mostly flat Tuesday and holding steady on light volume ahead of a central bank quarterly policy review later this week that is expected to leave interest rates unchanged.As of 0141 GMT, the main TAIEX index fell 9.29 points to 9125.36, after closing down 1.14 percent on Monday.The electronics subindex was down 0.1 percent, while the financials subindex was off 0.6 percent.Fundamentally, the island economy remains on solid footing. Export orders data ...
South Korean shares fall as Syria air strikes negate China PMI; won lower SEOUL: South Korean shares fell on Tuesday morning, as a better-than-expected survey on Chinese manufacturing activity was offset by renewed geopolitical after the United States launched its first air campaign targeting Islamic State (IS) militants in Syria.The Korea Composite Stock Price Index (KOSPI) fell 0.55 percent to 2,028.10 points as of 0235 GMT.China's flash HSBC/Markit manufacturing Purchasing Manager's Index (PMI) edged up to 50.5 to beat forecasts, but showed employment at its lowest level in ...


Index Closing Chg%
Arrow DJIA 17,055.87 0.68
Arrow Nasdaq 4,508.69 0.42
Arrow S&P 1,982.77 0.58
Arrow FTSE 6,676.08 1.44
Arrow DAX 9,595.03 1.58
Arrow CAC-40 4,359.35 1.87
Arrow Nikkei 16,205.90 0.71
Arrow H.Seng 23,837.07 0.49
Arrow Sensex 26,775.69 1.58

Banking Review 2013

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln