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Shanghai stocks end down 4.27pc on weak manufacturing data SHANGHAI: Shanghai stocks closed down 4.27 percent on Friday after a gauge of manufacturing activity tumbled to its lowest in more than six years, showing more weakness in the world's second-largest economy, dealers said.China's benchmark Shanghai Composite Index plunged 156.55 points to 3,507.74 on turnover of 450.6 billion yuan ($70.6 billion), but managed to end just above the key 3,500 point level.The Shanghai index lost 11.54 percent for the week on worries over the flagging economy, a surprise currency devaluation last week and the possibility of weaker government support for the market. It closed at almost exactly the same level as the bottom of a recent market rout on July 8 -- before Beijing stepped in with a vast rescue package -- when it ended at 3,507.19 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, slumped 5.39 percent, or 116.09 points, to 2,039.40 on turnover of ...

China stocks close down more than 11pc for week SHANGHAI: China stocks closed down sharply on Friday, posting their worst weekly performance in over a month.The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 4.6 percent, to 3,589.54, its weakest performance since mid-June.The Shanghai Composite Index lost 4.2 percent, to 3,507.74 points, the sharpest weekly drop since the week ending July 3.For the week, the CSI300 tumbled 11.9 percent and the SSEC dropped 11.5 percent.Total volume of A shares traded ...
Tokyo's Nikkei 225 stock index closes down 2.98pc TOKYO: Tokyo's benchmark stock index dropped 2.98 percent on Friday, piling on its fourth day of losses as fears about the health of the global economy pounded equity markets.The Nikkei 225 at the Tokyo Stock Exchange tumbled 597.69 points to finish at 19,435.83, its lowest close in just over three months.The broader Topix index of all first-section shares was down 3.13 percent, or 50.87 points, to end at 1,573.01."Now players are concerned about not just ...
Hong Kong stocks drop 2.32pc by the break HONG KONG: Hong Kong stocks fell 2.32 percent by the break Friday, extending early losses after a survey showed Chinese manufacturing at a 77-month low and following a global sell-off in equities.The benchmark Hang Seng Index lost 527.41 points to 22,230.06 by the end of morning trading on turnover of HK$60.95 billion (US$7.86 billion).Copyright AFP (Agence France-Presse), 2015 ...
Hong Kong stocks open 1.82pc lower HONG KONG: Hong Kong stocks fell 1.82 percent in early trade Friday, joining a global sell-off in equities as concerns about the health of the world economy have snowballed.The benchmark Hang Seng Index dropped 414.22 points to 22,343.25 in opening deals.Copyright AFP (Agence France-Presse), 2015 ...
Asian shares fall as global stocks rout deepens HONG KONG: Asian shares fell on Friday, continuing a global sell-off in equities that hit Wall Street overnight as concerns about the health of the world economy snowballed.The dollar notched more losses, down more than two cents against the euro from where it stood before minutes from the US Federal Reserve dampened hopes for a rate rise next month.Tokyo shares fell 2.31 percent in early trading while Seoul fell 1.59 percent and Sydney dropped 0.99 ...
Tokyo stocks drop 2.1pc by break on global economy fears TOKYO: Tokyo shares dropped 2.1 percent on Friday morning as a stronger yen dented exporters, following a global equities sell-off driven by fears over the health of the world economy.The benchmark Nikkei 225 index at the Tokyo Stock Exchange fell 420.59 points to 19,612.93 by the break, while the Topix index of all first-section shares was down 2.46 percent, or 39.87 points, to 1,584.01."The overnight weakness in global markets is making people nervous," said Angus ...


Index Closing Chg%
Arrow DJIA 16,351.38 1.82
Arrow Nasdaq 4,749.98 2.46
Arrow S&P 1,948.86 1.83
Arrow FTSE 6,083.31 0.41
Arrow DAX 10,048.05 0.32
Arrow CAC-40 4,554.92 0.30
Arrow Nikkei 18,095.40 0.39
Arrow H.Seng 20,934.94 1.18
Arrow Sensex 25,453.56 0.95

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln