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European shares rise as DAX and Greek markets rally LONDON: European shares climbed higher on Friday, boosted by encouraging corporate earnings and upbeat economic data, while the volatile Athens market also rose on prospects for a deal over Greece's debt crisis.The FTSEurofirst 300 was up 0.5 percent at 1,629.34 points going into the middle of the trading session. The index reversed most of the previous session's drop and was just 1.5 percent below a 2015 peak hit last week, which marked its highest level since 2000. Germany's DAX advanced 0.8 percent, putting it within reach of record highs hit earlier this year, as data showed that German business morale had risen to its highest level in almost a year in April. There was also optimism regarding Greece, after German Chancellor Angela Merkel said she had a "constructive" meeting with Greek Prime Minister Alexis Tsipras. The Athens ATG index rose 4.3 percent, with Greek banks up 10.4 percent, although the ...

European stocks climb at open LONDON: Europe's main stock markets advanced at the start of trading on Friday, with London's benchmark FTSE 100 index up 0.26 percent at 7,072.36 points.Frankfurt's DAX 30 index won 0.51 percent to 11,783.56 points and the CAC 40 in Paris gained 0.46 percent to 5,202.63 compared with Thursday's close.Copyright AFP (Agence France-Presse), 2015 ...
German bond yields stabilise as weak data shows scale of QE task LONDON: German bond yields stabilised after a sharp rise in recent days as weak private sector growth data reaffirmed the size of the ECB's quantitative easing task in buttressing the euro zone's fragile recovery.German yields remain on track for one of their weakest weeks this year but the 10-year yields fell 1 basis point to 0.16 percent after the data, having hit a two-week high of 0.176 percent in early trading."What we have this morning ...
UK's FTSE back near record high as utility stocks rise LONDON: Britain's top equity index pushed higher on Thursday, boosted by a bump-up for utilities stocks just two weeks before a general election, while mining stocks also outperformed.United Utilities climbed 1.1 percent, SSE advanced 1.4 percent and National Grid rose 0.6 percent after investment bank Citigroup said the sector would be favoured as a protection against any market volatility caused by the election.Utility stocks are often preferred in times of market unease due to their ...
European shares fall after PMI surveys, Ericsson down 10pc LONDON: European shares slipped on Thursday, with Germany's DAX index underperforming following a disappointing purchasing managers' survey while weak results from Ericsson hit technology stocks.Tech shares were hit as telecom equipment maker Ericsson slumped 10.3 percent after it posted weaker-than-forecast first-quarter operating profit and said it expected sales in its main North American market to stay sluggish.The STOXX Europe 600 Tech index dropped 2.1 percent.After opening higher on the back of some positive company updates, ...
European stocks close mostly lower LONDON: European stock markets closed mostly lower Thursday as more disappointing Chinese data weighed on the global economic outlook, and investors awaited developments in Greece's debt stand-off.Frankfurt's benchmark DAX 30 index closed down 1.21 percent to 11,723,58 points as the market brushed off data showing that consumer confidence in Germany is at its highest since late 2001.The CAC 40 in Paris ended 0.62 percent lower at 5,178.91 after a key survey showed growth in business ...
European stocks rise at open LONDON: Europe's main stock markets climbed at the start of trading on Thursday, with London's benchmark FTSE 100 index up 0.18 percent at 7,041.03 points.Frankfurt's DAX 30 index gained 0.17 percent to 11,887.14 points and the CAC 40 in Paris advanced 0.11 percent to 5,217.08 points compared with Wednesday's close.Copyright AFP (Agence France-Presse), 2015 ...


Index Closing Chg%
Arrow DJIA 18,080.14 0.12
Arrow Nasdaq 5,092.09 0.71
Arrow S&P 2,117.69 0.23
Arrow FTSE 7,070.70 0.24
Arrow DAX 11,810.85 0.74
Arrow CAC-40 5,201.45 0.44
Arrow Nikkei 20,020.04 0.83
Arrow H.Seng 28,060.98 0.84
Arrow Sensex 27,437.94 1.07

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln