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European stocks rebound on upbeat earnings LONDON: European stock markets rebounded on Thursday as traders reacted to a string of earnings updates, data pointing to further easing of eurozone economic strains, and fresh takeover speculation.Indices won a boost in particular from well-received profits news from Apple and Facebook on Wednesday following the close of trading on Wall Street, analysts said.The euro gained against the dollar, aided by upbeat German business confidence.London's benchmark FTSE 100 index rose 0.64 percent to stand at 6,717.71 points in late morning deals.Frankfurt's DAX 30 climbed 0.76 percent to 9,616.75 points, with data revealing that German business confidence rebounded this month, after a slight fall in March in Europe's biggest economy when companies worried about the Crimea crisis.The CAC 40 in Paris advanced 0.91 percent to 4,491.48 points compared with Wednesday's closing level.And in Madrid, the IBEX 35 gained 0.78 percent to 10,505.6 points after Spain's central bank said the country's economy ...

Oil prices rise on renewed Ukraine concerns LONDON: Oil prices rebounded on Thursday as heightened tensions in Ukraine overshadowed data showing US commercial crude inventories reaching an all-time high, analysts said.New York's West Texas Intermediate for delivery in June, rose 24 cents to $101.68 a barrel.Brent North Sea crude for June climbed seven cents to stand at $109.18 a barrel around midday in London.Both contracts had tumbled on Wednesday on the US stockpiles data, which indicated softer demand at a time of ...
Shares in French giant Alstom leap on rumoured GE bid PARIS: Shares in French engineering group Alstom, which builds power-generating equipment and high-speed trains, shot up nearly 14.0 percent in early trading on Thursday on rumours that US General Electric may make a takeover bid.Alstom, issued a statement to say that it had no knowledge of any such offer from General Electric (GE).Alstom shares, which surged initially by about 17.0 percent, shortly after were showing a gain of 13.87 percent to 27.72 euros on the ...
European stocks rise at open; Alstom surge LONDON: Europe's main stock markets rose at the start of trading on Thursday, with London's benchmark FTSE 100 index up 0.37 percent to 6,699.37 points.Frankfurt's DAX 30 climbed 0.55 percent to 9,597.07 points and in Paris the CAC 40 gained 0.61 percent to stand at 4,478.27 compared with the previous day's close.French industrial giant Alstom was the star performer, surging initially by 17 percent on reports that it could be bought by US titan General ...
European stocks close down after three-day winning streak LONDON: European stock markets closed lower on Wednesday, shrugging off strong eurozone data as concerns about the Chinese economy prompted traders to take profits after a three-day winning streak.The euro also got a boost against the dollar and British pound after a raft of upbeat news about the bloc's economic recovery.London's FTSE 100 fell 0.11 percent compared to Tuesday's closing level to reach 6,674.74 points.Germany's DAX 30 lost 0.58 percent to close at 9,544.19 points ...
European stocks fall despite upbeat eurozone data LONDON: Europe's main stock markets fell on Wednesday as poorly-received Chinese economic data offset some strong numbers out of the eurozone, analysts said.But the euro, blamed by the French government for holding back its economy, rose against both the dollar and British pound.London's benchmark FTSE 100 stock index slipped 0.18 percent to stand at 6,669.63 points in midday deals.Frankfurt's DAX 30 shed 0.31 percent to 9,570.36 points and the CAC 40 in Paris lost 0.40 ...
European stocks steady at open LONDON: Europe's main stock markets steadied at the open on Wednesday, with London's benchmark FTSE 100 index up 0.08 percent to 6, 687.18 points.Frankfurt's DAX 30 edged up 0.02 percent to 9,602.12 points and in Paris the CAC 40 dipped 0.09 percent to stand at 4,480.17 compared with the previous day's close.Copyright AFP (Agence France-Presse), 2014 ...


Index Closing Chg%
Arrow DJIA 16,501.65 0.08
Arrow Nasdaq 4,126.97 0.83
Arrow S&P 1,875.39 0.22
Arrow FTSE 6,674.74 0.11
Arrow DAX 9,544.19 0.58
Arrow CAC-40 4,451.08 0.74
Arrow Nikkei 14,546.27 1.09
Arrow H.Seng 22,509.64 0.97
Arrow Sensex 22,876.54 0.52

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln