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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 Paris stock which was showing an overall advance of 0.54 percent.The group, a top name in French industry, said that it was constantly reviewing its strategic option in different sectors of its activities and would provide information on this when it published annual results on May 7.The financial news agency Bloomberg had reported on Wednesday that GE was in advanced talks to buy Alstom for more than $13.0 billion (9.4 billion), and a deal could ...

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 ...
Turkey gives high gain for investors: Nasdaq chief ISLAMABAD: Nasdaq OMX Vice Chairman Meyer Frucher praises Turkish economy, saying high gain in Turkish market is very impressive.Vice Chairman has praised the Turkish economy on its strategic partnership between the Borsa Istanbul and Nasdaq, saying the high gains in the Turkish market were very impressive and would grow, Anadolu News Agency reported."The Turkish economy has little rise and fall, but it has a very strong foundation," he said in interview with Anadolu Agency on ...
European stocks close up on pharma boost LONDON: Europe's main stock markets closed up Tuesday after the Easter weekend holiday, boosted by mega-deals in the pharmaceutical sector.London's FTSE 100 gained 0.85 percent compared to Thursday's closing level to reach 6.681.76 points.Germany's DAX 30 soared 2.02 percent to 9,600.09 points while the CAC-40 in Paris gained 1.18 percent to 4,484.21 points.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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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln