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Hong Kong main share index closes at highest in over 3-1/2 years HONG KONG: Hong Kong's benchmark index finished at its highest level in more than three years on Monday, as Chinese banks jumped after a Reuters report said the country's fifth-biggest bank by assets planned to seek more private investors.The Hang Seng Index closed up 0.9 percent at 24,428.63 points, its strongest since November 2010.The China Enterprises Index of the leading offshore Chinese listings in Hong Kong climbed 0.7 percent at its highest close since December 11.China's Bank of Communications Co Ltd (BoCom) plans to sell stakes to private investors under a government reform aimed at letting private capital play a bigger role in the economy, two people familiar with the matter told Reuters on Friday.The bank's Hong Kong listing jumped 6.2 percent to an almost 8-month high, leading gains on the Hang Seng. Other Chinese banks were broadly stronger, with the "Big Four" state banks adding 1 to 3 percent.The ...

China stocks hit 2014 highs as economy bets gather steam HONG KONG: China shares jumped on Monday, with Hong Kong's index hitting its highest close in more than 3-1/2 years, on growing bets that the world's second-largest economy has turned a corner and as investors expect more growth-friendly policies.Helped by some ultra cheap valuations, banks soared after a Reuters report said the country's fifth-biggest bank by assets planned to seek more private investors.The Hang Seng Index closed up 0.9 percent at 24,428.63 points at its ...
India's NSE fall to 1-week closing low on profit taking MUMBAI: India's NSE index fell on Monday to its lowest close in a week, as profit-taking hit shares of blue-chips such as ICICI Bank Ltd for a second consecutive session after the record highs hit last week.ICICI Bank provisionally fell 1.3 percent, while Reliance Industries ended lower 1.8 percent.The broader NSE index unofficially lost 0.54 percent and fell to its lowest close since July 21.Copyright Reuters, 2014 ...
Asian stocks up ahead of US jobs data HONG KONG: Asian markets mostly rose Monday as investors await the release of key US data at the end of the week, while Shanghai and Hong Kong surged after China approved three private banks as part of an economic reform drive.The euro struggled to break out from multi-month lows against the dollar and yen following another weak set of data that raised concerns about the eurozone.Tokyo rose 0.46 percent, or 71.53 points, to 15,529.40 -- ...
Hong Kong shares end 0.88pc higher HONG KONG: Hong Kong stocks climbed 0.88 percent Monday, a fifth-straight gain as news that Beijing had given approval to three private lenders on the mainland fuelled hopes for further reforms of the banking sector.The benchmark Hang Seng Index jumped 212.62 points to 24,428.63 on turnover of HK$85.46 billion (US$11.03 billion).In China the benchmark Shanghai Composite Index jumped 2.41 percent, or 51.34 points, to 2,177.95 on turnover of 180.4 billion yuan ($29.2 billion). The Shenzhen ...
Asian stocks up ahead of US jobs data HONG KONG: Asian markets mostly rose Monday as investors await the release of key US data at the end of the week, while Shanghai and Hong Kong surged after China approved three private banks as part of an economic reform drive.The euro struggled to break out from multi-month lows against the dollar and yen following another weak set of data that raised concerns about the eurozone.Tokyo rose 0.46 percent, or 71.53 points, to 15,529.40 -- ...
Tokyo stocks close up 0.46pc at fresh six-month high TOKYO: Tokyo stocks rose 0.46 percent Monday to close at a fresh six-month high as Japanese earnings season gets into full swing.The benchmark Nikkei 225 index added 71.53 points to 15,529.40, its best finish since late January, while the Topix index of all first-section issues rose 0.37 percent, or 4.72 points, to 1,286.07.The Nikkei "will likely test highs if more solid earnings results are confirmed," said Hideyuki Ishiguro, senior strategist for investment strategy at Okasan ...

 



 
Index Closing Chg%
Arrow DJIA 16,982.59 0.13
Arrow Nasdaq 4,444.91 0.10
Arrow S&P 1,978.91 0.03
Arrow FTSE 6,788.07 0.05
Arrow DAX 9,598.17 0.48
Arrow CAC-40 4,344.77 0.33
Arrow Nikkei 15,529.40 0.46
Arrow H.Seng 24,428.63 0.88
Arrow Sensex 25,991.23 0.52





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln