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Indonesian shares rise after Jokowi wins presidential election JAKARTA: Indonesian shares rose nearly 1 percent on Wednesday after Joko "Jokowi" Widodo was declared the winner of Indonesia's presidential election, bringing the promise of major reforms to the world's third-largest democracy. The Jakarta stock exchange hit as high as 5,126.28 points as of 0206 GMT, adding to gains in the past few weeks on expectation that Jokowi would win. Major gainers include construction-related stocks such as PT Wijaya Karya Beton Tbk, which rose more than 4 percent, and PT Semen Indonesia Tbk, which advanced more than 2 percent. Jokowi had said infrastructure will be a focus area in his presidency. The Elections Commission, known as KPU, said on Tuesday the Jakarta governor had won by just over six percentage points, with 53.15 percent of nearly 130 million votes. "Uncertainty over leadership change has subsided, which should be taken positively," Citigroup said in a report. "However the backdrop remains that ...

Tokyo stocks open up 0.16pc TOKYO: Tokyo stocks opened 0.16 percent higher on Wednesday after Wall Street shares closed with modest gains.The Nikkei 225 index was up 23.88 points to 15,367.16 at the start.The Nikkei is likely to be rangebound on Wednesday despite a positive lead from Wall Street, said Mitsushige Akino, chief fund manager at Ichiyoshi Investment Management.Japanese companies are reporting their April-June results starting this week, and solid figures have been largely factored in, he told Dow Jones ...
China stocks higher in morning trade SHANGHAI: Chinese stocks were higher in morning trade Wednesday, but worries over a glut of new share offers overhung the market, dealers said.The benchmark Shanghai Composite Index rose 0.12 percent, or 2.53 points, to 2,078.01.The Shenzhen Composite Index, which tracks stocks on China's second exchange, edged up 0.03 percent, or 0.38 points, to 1,115.14.Five companies on Wednesday started offering shares for subscription by investors, part of a group of 12 firms approved by China's market ...
Indian shares rise over 1pc; telecom stocks gain MUMBAI: Indian shares rose more than 1 percent on Tuesday, approaching their record highs hit earlier this month after telecom stocks surged following Idea Cellular' better-than-expected earnings while stronger Asian shares also bolstered sentiment.Bharti Airtel provisionally rose 4.8 percent while Idea Cellular ended 4.7 percent higher.The broader NSE index provisionally ended 1.1 percent higher after marking an intraday high of 7,773.85, not too far from its record high of 7,808.85 hit on July 8.Copyright Reuters, ...
Hong Kong shares rally 1.69pc, Hang Seng Index jumped 394.97 points HONG KONG: Hong Kong stocks surged 1.69 percent to an eight-month high Tuesday as tensions over Ukraine eased and speculation grew that China would ease property purchase rules to kickstart the sector.The benchmark Hang Seng Index jumped 394.97 points to 23,782.11 -- its highest since December -- on turnover of HK$71.70 billion (US$9.25 billion).Regional markets got a boost after pro-Russian rebels in Ukraine -- who have been accused of shooting down MH17 -- agreed Tuesday ...
Hong Kong shares rally 1.69pc HONG KONG: Hong Kong stocks surged 1.69 percent Tuesday -- hitting their highest level since December --as tensions over Ukraine eased and speculation grew that China would ease property purchase rules to kickstart the sector.The benchmark Hang Seng Index jumped 394.97 points to 23,782.11 on turnover of HK$71.70 billion (US$9.25 billion).In China the benchmark Shanghai Composite Index jumped 1.02 percent, or 21.00 points, to 2,075.48 on turnover of 98.7 billion yuan ($15.9 billion). The Shenzhen ...
Asian shares rise as Ukraine fears ease HONG KONG: Asian markets picked up Tuesday with traders welcoming news that pro-Russian rebels had handed over the black boxes from downed flight MH17, helping to ease geopolitical concerns.While Wall Street started the week Monday on a low, Japan's Nikkei led Asia's gainers Tuesday as it reopened after a long weekend, with exporters supported by a weaker yen.Tokyo closed up 0.84 percent, or 127.57 points, at 15,343.28, Seoul ended 0.52 percent higher, adding 10.43 points ...


Index Closing Chg%
Arrow DJIA 17,086.63 0.16
Arrow Nasdaq 4,473.70 0.40
Arrow S&P 1,987.01 0.18
Arrow FTSE 6,798.15 0.04
Arrow DAX 9,753.56 0.20
Arrow CAC-40 4,376.32 0.16
Arrow Nikkei 15,328.56 0.10
Arrow H.Seng 23,971.87 0.80
Arrow Sensex 26,147.33 0.47

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