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Emerging stocks set for monthly loss, Turkey shrugs off sanctions LONDON: Emerging stocks ended the month on a sour note on Monday, down more than 3 percent on the month, although Turkish assets appeared unfazed by Moscow's decision to slap sanctions on Ankara over last week's downing of a fighter jet. MSCI's broadest emerging market index slipped 1 percent and was set to end November in the red - chalking up losses for six out of the past seven months.China mainland stocks swung wildly in and out of negative territory, fraying investors' nerves in a highly volatile session before ending flat after Friday's more than 5 percent slump, with a batch of stock market debuts and concerns over the health of its economy looming large. Bourses across Asia, emerging Europe and the Gulf region fell, with Russian rouble-denominated shares down 0.6 percent and Polish stocks almost matching that fall. Meanwhile, Turkish stocks extended Friday's gains, adding 0.3 percent and shrugging ...

European shares gain as prospect of ECB boost helps carmakers MILAN: European shares rose on Monday, boosted by expectations of more help from the European Central Bank, which weakened the euro and helped carmakers. The ECB is expected to cut interest rates on euro deposits and extend its quantitative easing programme when it meets on Thursday.That put pressure on the euro, lifting shares of carmakers and luxury goods companies, since a weaker euro makes their products cheaper overseas. "There is still some optimism ahead of ...
Emerging market funds seek escape from traditional indexes LONDON: Emerging market fund managers are seeking to escape from the straitjacket of traditional benchmark indexes in favour of a more flexible approach to capture the diverging performances of different countries and sectors.The dilemma for such investors is illustrated by MSCI's widely used emerging equity benchmark. So far this year, this index is down more than 12 percent, mainly due to losses in big markets such as Brazil and China. Minor player Hungary, however, has ...
Britain's FTSE ends lower as miners slump LONDON: British shares retreated on Friday as miners pushed the blue-chip FTSE 100 index into negative territory following weak Chinese industrial data which reignited concerns over China's economic slowdown. Chinese industrial profits fell 4.6 percent in October, declining for the fifth month in a row, while leading Chinese shares ended the session over 5 percent lower, also hit by a new regulatory crackdown. The FTSE 350 mining index was the main sectoral decliner, falling 3.7 ...
European shares retreat from three-month high as China wobbles LONDON: A leading European share index retreated from a three-month high on Friday, hit by a drop in shares of mining companies after a slump in Chinese equities. Anticipation of further stimulus by the European Central Bank next week helped to cushion the fall.The FTSEurofirst 300 ended down 0.26 percent at 1,512.32, after posting its highest close since August on Thursday. Mining stocks fell the most, declining 2.7 percent. China, the world's biggest consumer of ...
China plunge sparks sell-off across Asian stock markets LONDON: A plunge in Chinese stocks triggered by a probe into several brokerages and profits sinking at the country's industrial giants by far more than expected dragged down Asian markets on Friday.But the turbulence failed to spread beyond Asia, with European and and US indices holding steady, unlike last August when a panic-driven sell-off in China sparked volatility in markets across the world.With Shanghai slumping more than six percent at one point, painful memories of ...
European stocks retreat at open LONDON: Europe's main stock markets opened lower on Friday, with London's benchmark FTSE 100 index down 0.6 percent at 6,357.42 points.In the eurozone, Frankfurt's DAX 30 dipped 0.4 percent to 11,277.91 points and the Paris CAC 40 lost 0.6 percent to 4,919.01 compared with Thursday's closing level.Copyright AFP (Agence France-Presse), 2015 ...


Index Closing Chg%
Arrow DJIA 17,798.49 0.08
Arrow Nasdaq 5,127.52 0.22
Arrow S&P 2,090.11 0.06
Arrow FTSE 6,375.15 0.28
Arrow DAX 11,293.76 0.24
Arrow CAC-40 4,930.14 0.32
Arrow Nikkei 19,883.94 0.30
Arrow H.Seng 22,068.32 1.87
Arrow Sensex 26,128.20 0.65

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln