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Construction, material firms help European shares to rebound LONDON: European shares rebounded from a one-week low on Wednesday with the construction and materials sector leading the market higher after Holcim and Lafarge agreed with CRH on divestment plans.The STOXX Europe 600 Construction and Materials index rose 0.8 percent after cement firms Holcim and Lafarge said they had reached a binding agreement under which Irish firm CRH will buy some assets for 6.5 billion euro ($7.07 billion).Shares in Holcim, Lafarge and CRH rose 0.6 to 1.2 percent, helping the FTSEurofirst 300 index of top European shares gain 0.5 percent to 1,610.80 points by 1102 GMT, after falling to a one-week low on Tuesday.The market was also supported by a survey showing morale among German consumers improved heading into June, helped by a growing willingness to make purchases."The German consumer confidence survey came in higher than expected, which should bode well for domestic consumption in the months ahead," Markus Huber, ...

FTSE sets 2-week closing low, commodity and banking stocks weigh LONDON: Britain's top share index hit a two-week closing low on Tuesday, with banks slipping after Spanish regional election results put euro zone financials on the back foot, while falling oil and metals prices hit commodity stocks. Spanish Prime Minister Mariano Rajoy's People's Party suffered heavy losses in local elections on Sunday, throwing his re-election later this year into doubt and opening the door for the anti-austerity Podemos party. British banks with the most exposure ...
European shares stumble on Spanish and Greek worries LONDON: European stock markets stumbled on Tuesday as Greece's debt problems and a battering for Spain's government in local elections offset a rise in airline shares. The pan-European FTSEurofirst 300 index and the euro zone's blue-chip Euro STOXX 50 index fell 0.8 percent and 1 percent respectively. The FTSEurofirst remains up nearly 20 percent since the start of 2015. Irish airline Ryanair surged 5.4 percent after posting higher profits. Its rival Aer Lingus also rose ...
Britain's FTSE falls, energy and banking stocks weigh LONDON: Britain's top equity index fell on Tuesday, with banking stocks coming under pressure after regional election results in Spain put euro zone financials on the back foot, and energy shares tracking weaker crude oil prices.Spanish Prime Minister Mariano Rajoy's People's Party suffered heavy losses in weekend local elections, throwing his re-election later this year into doubt and opening the door for the anti-austerity Podemos party.British banks with the most exposure to the euro zone, ...
Banking and energy shares drag down FTSE index LONDON: Britain's top equity index fell on Tuesday, with banking stocks coming under pressure after regional election results in Spain put euro zone financials on the back foot, and energy shares tracking weaker crude oil prices.Spanish Prime Minister Mariano Rajoy's People's Party suffered heavy losses in weekend local elections, throwing his re-election later this year into doubt and opening the door for the anti-austerity Podemos.British banks with the most exposure to the euro zone, such ...
Spanish and Greek concerns peg back European shares LONDON: European stock markets stumbled on Tuesday, as Greece's debt problems and a battering for Spain's government in local elections offset a rise in airline shares.The pan-European FTSEurofirst 300 index and the euro zone's blue-chip Euro STOXX 50 index both made little headway to trade flat. The FTSEurofirst remains up nearly 20 percent since the start of 2015.Irish airline Ryanair surged 6.3 percent after posting higher profits. Its rival Aer Lingus also rose after Ireland's ...
Dollar hits 1-month high as periphery woes weigh on Europe LONDON: Greece's financial crisis and signs of growing opposition to austerity in Spain sent the euro to its lowest level in a month on Tuesday, while shares and commodities took a knock as the dollar powered higher.Europe's main markets returned to action after a long weekend with the mood unsettled by Sunday's strong local election showing by anti-austerity parties in Spain, while bets were put back on a US rate hike this year after having ...

 



 
Index Closing Chg%
Arrow DJIA 18,126.12 0.20
Arrow Nasdaq 5,097.98 0.17
Arrow S&P 2,120.79 0.13
Arrow FTSE 7,040.92 1.11
Arrow DAX 11,677.57 0.79
Arrow CAC-40 5,137.83 0.86
Arrow Nikkei 20,551.46 0.39
Arrow H.Seng 27,454.31 2.23
Arrow Sensex 27,506.71 0.21





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln