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Hong Kong, China stocks ease on profit-taking after stock connect launch HONG KONG/SHANGHAI: Hong Kong and China shares fell on Tuesday for a second consecutive day after the debut of the landmark Hong Kong-Shanghai trading link as investors continued to lock in profits in stocks that had risen sharply ahead of the launch. The Hang Seng Index lost 177.33 points, or 0.75 percent, to 23,619.75 at midday. The China Enterprises Index of top Chinese listings in Hong Kong fell 1 percent. The Shanghai Composite Index dropped 0.41 percent to 2,463.76 points. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.64 percent. "Profit-taking pressure is weighing on the index today as the market has accumulated a considerable amount of gains during the run-up to the launch," said Zhang Qi, Shanghai-based analyst at Haitong Securities, adding the correction may last two to three weeks. Hong Kong shares have rallied nearly 15 percent since the scheme was announced in ...

Vietnam index most flat, most blue-chips unchanged HANOI: Vietnam's benchmark VN Index edged up 0.1 percent by midday on Tuesday on some buying but most major stocks stood unchanged, including energy firms, producers and banks.A total of 78.9 million shares changed hands in the morning session, compared with the five-day average of 124.3 million shares, Reuters data showed.Shares of PetroChina Gas, Vietnam's largest listed firm by market value, remained unchanged at 104,000 dong ($4.87) each.Top dairy product maker Vinamilk, the second-biggest listed ...
Hong Kong stocks down 0.75pc at lunch HONG KONG: Hong Kong stocks ended the morning session 0.75 percent lower Tuesday, despite a record close on Wall Street, as enthusiasm for the new exchange link-up with Shanghai remained subdued.The benchmark Hang Seng Index fell 177.33 points to 23,619.75 on turnover of HK$38.92 ($5.02 billion).In mainland China the benchmark Shanghai Composite Index dropped 0.41 percent, or 10.25 points, to 2,463.76.But the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged up 0.16 ...
Tokyo stocks up 1.68pc by break TOKYO: Tokyo stocks rose 1.68 percent Tuesday morning on bargain-hunting after tumbling a day earlier in response to data showing the Japanese economy had slumped into recession.The Nikkei 225 index at the Tokyo Stock Exchange, which lost almost three percent on Monday, was up 285.17 points at 17,258.97 by the break. The Topix index of all first-section shares gained 1.60 percent, or 21.88 points, to 1,388.01."Monday's gross domestic product data offered investors the biggest event-driven ...
Japanese shares rebound, helped by US megadeals TOKYO: Japanese shares led a tentative recovery in Asian shares on Tuesday, drawing some support from two US blockbuster acquisitions and anticipation of more European monetary stimulus. A day after shock data showing Japan slipping into recession had rattled financial markets, Japan's Nikkei rose 1.4 percent in early trade, erasing about a half of its 3.0 percent fall the previous day. MSCI's broadest index of Asia-Pacific shares outside Japan was flat. Japan's economy shrank an ...
Indonesian stocks rise, BI to meet on monetary policy after fuel price hike JAKARTA: Indonesia's stock index rose as much as 0.7 percent in early trading on Tuesday, while the central bank called for an unscheduled meeting after the government announced an increase in fuel prices. Bank Indonesia will hold an extraordinary meeting later on Tuesday to discuss monetary policy following President Joko Widodo's decision to raise fuel prices by more than 30 percent. "There will be information on the BI rate today," said Peter Jacobs, central bank ...
South Korean shares rise on ECB stimulus expectation; won retreats SEOUL: South Korean shares rose more than 1 percent on Tuesday, poised to snap a three-day slide on anticipation of more stimulus from the European Central Bank.ECB President Mario Draghi said the central bank is ready for further stimulus if its current efforts are not sufficient to accelerate the region's recovery, adding such new measures could include purchases of sovereign bonds."Expectations are building that we'll be seeing more easing measures from both Europe and Japan, ...


Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95

Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln