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Concerns of foreign selling spook Indian stock markets MUMBAI: Indian shares fell more than 2 percent on Thursday to a more than 10-week low on worries foreign investors, whose ownership of domestic shares have hit a record, may trim positions on risk aversion after Saudi Arabia launched air strikes in Yemen.Foreign flows have been the back bone of a record-setting rally in Indian shares since last year on Modi government's promise of reform led economic revival, pumping in $16.1 billion in 2014 and $5.8 billion so far this year.That has brought foreign ownership of Indian shares to the highest ever, making the country the most overweight it has ever been among emerging market funds.As a result, any fears of exits can have a big impact on shares, especially as an expected pick up in earnings growth is taking more time, although there has not yet been any big foreign selling so far."India has been a big beneficiary of ...

Vietnam index at 2-1/2-mth low, PetroVietNam Gas leads HANOI: Vietnam's benchmark VN Index dropped 0.85 percent to close on Thursday at its lowest since Jan. 8, led by extended selling in PetroVietNam Gas , the country's top firm by market value.GAS shares tripped 4.29 percent further from its 2-1/2-month low close of the previous session, while food producer Masan Group declined 2.53 percent to its four-year low close at 77,000 dong.Volume fell to near a one-week low at 83.8 million shares, while foreign ...
Asian markets follow Wall St lower after US data HONG KONG: Asian markets mostly wound back Thursday, in line with a hefty sell-off on Wall Street, after surprisingly weak US data hinted at ongoing weakness in the world's number one economy.The euro broke above $1.10, boosted by receding expectations of an early US rate hike and upbeat indicators out of the eurozone.Oil prices also enjoyed support from concerns about unrest in the crude-rich Middle East following news that Saudi jets had struck rebel positions ...
Hong Kong stocks end 0.13pc down HONG KONG: Hong Kong stocks ended 0.13 percent lower on Thursday following hefty losses on Wall Street, but Shanghai resumed its latest rally on hopes for stimulus measures for the Chinese economy.The benchmark Hang Seng Index slipped 31.15 points to 24,497.08 on turnover of HK$83.21 billion ($10.73 billion).In mainland China, the benchmark Shanghai Composite Index gained 0.58 percent, or 21.37 points, to 3,682.10 on turnover of 619.5 billion yuan ($100.9 billion).The Shenzhen Composite Index, which ...
Asian markets follow Wall St lower after US data HONG KONG: Asian markets wound back Thursday, in line with a hefty sell-off on Wall Street, after surprisingly weak US data hinted at ongoing weakness in the world's number one economy.The euro maintained its recent strength against the dollar and yen, boosted by receding expectations of an early US rate hike and upbeat indicators out of the eurozone.Oil prices also enjoyed support from concerns about unrest in the crude-rich Middle East following news that Saudi ...
Tokyo stocks drop 1.39pc on stronger yen, Wall St. dive TOKYO: Tokyo stocks dropped 1.39 percent on Thursday, hit by a stronger yen and sharp losses on Wall Street that were fuelled by weak US data.The Nikkei 225 index at the Stock Exchange lost 275.08 points to close at 19,471.12, while the Topix index of all first-section issues was down 1.46 percent, or 23.19 points, at 1,568.82.Copyright AFP (Agence France-Presse), 2015 ...
Vietnam index falls 0.6pc, but most banks gain HANOI: Vietnam's benchmark VN Index eased 0.6 percent by midday on Thursday, dragged down by blue chips, many of them energy stocks, but gains in banking stocks helped trim the losses.Shares in PetroVietNam Gas, Vietnam's top listed firm by market value, led the fall with a 3.57 percent drop.Shares in another three subsidiaries of the state oil group PetroVietnam dealing with transportation, gas distribution and fertiliser production, namely, and, are among those that lost ground.Most ...

 



 
Index Closing Chg%
Arrow DJIA 17,698.18 0.44
Arrow Nasdaq 4,880.23 0.42
Arrow S&P 2,059.69 0.40
Arrow FTSE 6,809.50 0.54
Arrow DAX 12,001.38 0.2
Arrow CAC-40 5,062.22 0.57
Arrow Nikkei 19,034.84 0.90
Arrow H.Seng 25,082.75 0.73
Arrow Sensex 28,260.14 1.08





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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 20, 2015
Reserves $16.132 bln