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European stocks open higher LONDON: Europe's main stock markets opened higher on Wednesday, extending slightly their recovery from last week's heavy falls.London's benchmark FTSE 100 index edged up 0.05 percent to 6,375.35 points and Frankfurt's DAX 30 won a solid 0.53 percent to 8,934.54.The Paris CAC 40 rose 0.24 percent to stand at 4,090.24 points compared with Tuesday's closing level."European markets will look to follow on from yesterday's gains and take the momentum of this mini recovery into today's session," said James Hughes, chief market analyst at Alpari traders."Asian markets followed Europe and the US last night to post yet more gains. However we can't say that we are totally out of the woods yet."European stock markets shot up on Tuesday after Chinese economic growth data boosted optimism over the global economic outlook. They were lifted also by rumours that the European Central Bank could step up its monetary stimulus, dealers said.The idea, reportedly ...

European markets rally on China growth data LONDON: European stock markets shot up on Tuesday after surprisingly good Chinese economic growth data boosted optimism over the global economic outlook, dealers said.Equities swung higher following the upbeat news in the latest wild swings of the past week fuelled by fears over the state of the world economy.London's benchmark FTSE 100 index of top companies shot up 1.33 percent from Monday's closing level to stand at 6,350.36 points in afternoon trading.Frankfurt's DAX 30 index ...
European shares rally on report ECB mulling corporate bonds buys LONDON: Banks and shares in peripheral countries led a European rally on Tuesday after sources told Reuters the European Central Bank is considering buying corporate bonds to revive the region's economy.The purchases, which the sources said could be approved in December and start early next year, are seen helping banks, especially in struggling southern European countries, free up more of their balance sheet and lend more.The Euro STOXX banking index was up 3 percent at ...
Gains in oil stocks and Shire lift UK's FTSE LONDON: A rise in major oil stocks and drugmaker Shire helped Britain's top equity index extend its rebound on Tuesday after falling to 15-month lows last week.An advance of nearly 2 percent in both BP and Royal Dutch Shell added the most points to the blue-chip FTSE 100 index, as the energy sector was buoyed by stronger oil prices.Brent crude oil, which had fallen to four-year lows last week, rebounded to rise to about $86 ...
Britain's FTSE 100 rebounds, GKN gains after results LONDON: Britain's top share index rose on Tuesday, with gains for engineering firm GKN after results and in drugmaker Shire on merger speculation supporting the broader market.GKN rose 2.3 percent after saying it was on track for growth in 2014 following a 6-percent rise in third-quarter profit, driven by its aerospace and automotive units."The update is no worse than expected. Good growth for the company's automotive business in China was reported, whilst overall management outlook ...
Emerging stocks hold ground after mixed China data LONDON: Emerging market stocks held their ground on Tuesday, taking their lead from firmer trading in Europe and on Wall Street and shrugging off China's weakest economic growth data in six years.China's economy expanded 7.3 percent in the third quarter official data from Beijing showed, though with a pick-up in factory output.Chinese shares ended 0.7 percent lower after the data as worries about its loss of momentum were compounded by uncertainty about upcoming talks between ...
European shares inch up; Total falls after CEO dies PARIS: European shares inched up in choppy trade on Tuesday morning, trimming the previous session's losses as better-than-expected quarterly sales from Apple helped soothe worries over corporate results.Gains were limited, however, after data showing China's economic growth slowed in the third quarter to its weakest since the 2008/09 global financial crisis as a slumping property market dragged on manufacturing and investment, fuelling worries over flagging global growth."The main trend is still negative. Volatility is falling ...


Index Closing Chg%
Arrow DJIA 16,614.81 1.31
Arrow Nasdaq 4,419.48 2.40
Arrow S&P 1,941.28 1.96
Arrow FTSE 6,372.33 1.68
Arrow DAX 8,886.96 1.94
Arrow CAC-40 4,081.24 2.25
Arrow Nikkei 14,804.28 2.03
Arrow H.Seng 23,088.58 0.08
Arrow Sensex 26,575.65 0.55

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln