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Indian shares rise to 1-1/2 week closing high as Modi steps up reforms MUMBAI: Indian shares rose for a third straight session on Tuesday to mark their highest close in 1-1/2 weeks as coal-related stocks such as Jindal Steel and Power surged on the government's plans to auction coal blocks the top court cancelled in August.India promised on Monday to open up the coal industry to private players and moved closer to selling a stake in a state-run oil company, as Prime Minister Narendra Modi picked up the pace on economic reform days after relaxing fuel price controls.Modi-led BJP's wins in two state elections also strengthens its position in India's upper house, which is key to pushing through reforms such as foreign direct investments in insurance."We are bullish on the market for the next one year, largely due to the reforms initiated by the government and due to falling inflation," said Dipen Shah, head of private client group research at Kotak Securities. "The ...

Singapore stock up in earnings season; Indonesia weak on new cabinet jitters BANGKOK: Singapore's stock index hit a more than one week high on Tuesday, helped by selective buying in a reporting season while the Indonesian benchmark snapped two sessions of gains as investors waited for the formation of the country's new cabinet.The Straits Times index was up 0.7 percent at 3,202.74, the highest close since Oct. 10, extending gain for a third session. Shares of Keppel Corporation rose 0.9 percent, among actively-traded stocks.Keppel, the world's largest ...
Sri Lankan stocks at 6-week closing low on profit taking; earnings awaited COLOMBO: Sri Lankan stocks fell for the fourth straight session on Tuesday to hit a 6-week closing low, a day after the government announced it would hold a presidential election in January, nearly two years ahead of schedule. Most local investors offloaded positions to cut losses, dealers said.President Mahinda Rajapaksa is expected to run for a third six-year term. The poll schedule announcement came amid signs Rajapaksa's popularity is fading after accusations that his party ...
Hong Kong shares end slightly higher, Hang Seng Index edged up 18.32 points HONG KONG: Hong Kong shares ended marginally higher Tuesday following a positive lead from Wall Street and despite data showing that China's economy grew at the slowest rate since the global financial crisis.The Hang Seng Index edged up 18.32 points to 23,088.58 -- a third day of gains -- on turnover of HK$52.51 billion ($6.78 billion).China's economy, the world's second biggest, grew 7.3 percent year-on-year in July-September, data showed. That was weaker than the 7.5 ...
SE Asia Stocks: Indonesia retreats as cabinet formation in focus BANGKOK: Southeast Asian stock markets were rangebound on Tuesday, with Singapore eking out further gains amid selective buying in a reporting season while Indonesia retreated from a near three-week closing high as investors awaited cabinet formation.Singapore's Straits Times Index added 0.3 percent, building on the rise over the past two sessions. Shares of Keppel Corporation and Singapore Exchange rose ahead of a quarterly results expected later in the day.Traders expect trading to remain muted during ...
Nikkei extends fall on Shiozaki comments, gets little help from China data TOKYO: Japanese stocks fell on Tuesday, with the market latching on to comments from the welfare minister on the country's public pension fund as an excuse to take profits from outsized gains the previous day.The Nikkei share index lost 2.0 percent, closing at 14,804.28 and erasing half of its 4.0 percent gains on Monday, made on bets the Government Pension Investment Fund (GPIF) will increase stock allocations sharply.Over the weekend, media reported that the $1.2 ...
Asian share gains fade after China GDP, Europe could be brighter TOKYO: Asian shares languished after giving up small gains on Tuesday, as modest relief on data showing the Chinese economy grew slightly more than expected was replaced by lingering concerns of weakening momentum in the world's second-biggest economy.European shares might fare better at the open, with financial spreadbetters predicting Britain's FTSE 100 would open up 0.1 percent, while Germany's DAX and France's CAC 40 were each seen up 0.2 percent."Today's session in Europe was set ...


Index Closing Chg%
Arrow DJIA 16,461.32 0.92
Arrow Nasdaq 4,382.85 0.83
Arrow S&P 1,927.11 0.73
Arrow FTSE 6,399.73 0.43
Arrow DAX 8,940.14 0.60
Arrow CAC-40 4,105.09 0.58
Arrow Nikkei 15,195.77 2.64
Arrow H.Seng 23,403.97 1.37
Arrow Sensex 26,787.23 0.80

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln