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European stocks flat, ruble slumps, euro weak LONDON: European stocks ended flat on Monday, held down by concerns over the Ukraine crisis and by weak manufacturing data, and the ruble and euro were weak.The euro was weak against the US currency before Thursday's European Central Bank (ECB) meeting when policymakers will consider their next move to counter the threat of deflation in the eurozone.The single currency also fell further against sterling, but edged up against the yen. US markets were closed for a holiday.In afternoon deals, leading European markets were down but slightly firmer than in initial trading. By the close of trading, Frankfurt's main DAX index edging up 0.09 percent to 9,479.03 points.London's benchmark FTSE 100 gained 0.08 percent, ending on 6,825.31 points, while in Paris the CAC 40 lost 0.03 percent to 4,379.73 points.The ruble slumped to a new record low of 37.3910 to the US dollar on Monday, after EU Commission head Jose Manual ...

European stocks start weak flat LONDON: European stock markets started the week flat on Monday, with Frankfurt's main DAX index edging up 0.09 percent to 9,479.03 points.London's benchmark FTSE 100 gained 0.08 percent, ending on 6,825.31 points, while in Paris the CAC 40 lost 0.03 percent to 4,379.73 points.Copyright AFP (Agence France-Presse), 2014 ...
FTSE equity index inched up LONDON: Britain's top equity index inched up on Monday, led by gains in broadcaster ITV on talk of a takeover from Virgin Media owner Liberty Global. ITV's shares hit their highest levels since January 2001, up 3.6 percent.The speculation was fuelled by a report in The Telegraph saying Liberty was canvassing support from major ITV shareholders following its acquisition of a 6.4 percent stake. ITV declined to comment on the rumours.Analysts at Liberum noted a ...
Media, pharma stocks help European shares edge higher LONDON: European shares edged higher to trade near a recent one-month peak on Monday, with mergers and acquisitions speculation surrounding British broadcaster ITV helping media stocks and Novartis leading drugmakers.Novartis, up 3.8 percent, was the top gainer on the FTSEurofirst 300 index on bets that a new medicine from the company could replace drugs that have been central to treating heart failure for a quarter of century.Data released at the weekend beat expectations, showing the ...
Britain's FTSE edges lower; HSBC, Tesco hurt by share sales LONDON: Britain's top equity index edged lower on Monday, led by losses at HSBC and Tesco after key shareholders sold stakes in the two companies.HSBC knocked 5.4 points off the UK benchmark, accounting for all of its fall, after one of Britain's best-known fund managers, Neil Woodford, said he had sold his fund's stake in the banking group. He cited concern over the effect on the bank of several industry-wide investigations."In particular, I am worried ...
European shares tick higher, drugmakers advance LONDON: European shares traded near a recent one-month peak on Monday, with merger and acquisition speculation about British broadcaster ITV helping media stocks and Novartis leading drugmakers.Novartis, up 4.7 percent, was the top gainer on the FTSEurofirst 300 index. A new drug from the company could replace drugs that have been central to treating heart disease for a quarter of century. The Novartis advance helped the STOXX Europe 600 Healthcare index to gain the most ...
European investors look past Ukraine, focus on ECB LONDON: European markets advanced despite the conflict in Ukraine, focusing on whether the European Central Bank will announce plans for economic stimulus when it meets this week.Ukraine reported its forces were under fire from Russian tanks again on Monday, as new signs emerged that the turmoil was damaging the European economy.Manufacturing output in the euro zone grew at its slowest pace in more than a year and factories reported falling orders as weakness showed up ...

 



 
IndexClosingChg%
ArrowDJIA 17,098.45 0.11
ArrowNasdaq 4,580.27 0.50
ArrowS&P 2,003.37 0.33
ArrowFTSE 6,825.31 0.08
ArrowDAX 9,479.03 0.09
ArrowCAC-40 4,379.73 0.03
ArrowNikkei 15,476.60 0.34
ArrowH.Seng 24,752.09 0.04
ArrowSensex 26,867.55 0.86





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln