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Germany's DAX climbs to 3-week high, European shares up LONDON: European shares rose on Thursday, with Germany's DAX index climbing to a three-week high after a survey showed the country's private sector grew for the 16th month running in August.The DAX rose 0.5 percent to 9,355.57 points by 0826 GMT after the PMI survey raised expectations that Europe's largest economy could expand robustly in the third quarter after it suffered a surprise contraction in the second."It's a relief rally. There were concerns that the German economy was going to suffer because of Ukraine-related issues, but today's data shows that the economy is going to keep on growing," Koen De Leus, senior economist at KBC, said.Austria's Raiffeisen Bank International rose 5 percent, the top gainer in the FTSEurofirst 300 index, after saying it expected "no significant impact" from western sanctions against Russia, underscoring its commitment to its single most profitable market.The broader European stock market gained, with the FTSEurofirst 300 ...

European shares edge lower, miners weigh LONDON: European equities edged lower in early trading on Thursday, with miners slipping after a disappointing manufacturing survey from China, the world's biggest metals consumer. The STOXX Europe 600 Basic Resources index fell 0.8 percent, the biggest sectoral decliner in Europe, after the HSBC/Markit Flash China Manufacturing Purchasing Managers' Index (PMI) fell to 50.3 in August from July's 18-month high of 51.7, badly missing a Reuters forecast of 51.5. Miners Rio Tinto, BHP Billiton and ...
European stock markets firm at open LONDON: Europe's main stock markets edged higher at the start of trading on Thursday, with London's benchmark FTSE 100 index adding a marginal 0.02 percent to stand at 6,757.03 points.Frankfurt's DAX 30 rose 0.15 percent to 9,328.71 and the CAC 40 index in Paris also gained 0.15 percent to 4,247.32 points compared with Wednesday's closing level.Copyright AFP (Agence France-Presse), 2014 ...
European stock markets drop, banks in focus LONDON: European stock markets retreated on Wednesday after two days of strong gains, while the euro briefly hit a one-year low against the dollar as markets focused on central bank action.By mid-afternoon, London's benchmark FTSE 100 index was down 0.49 percent to 6,746.24 points.Frankfurt's DAX 30 dropped 0.75 percent to 9,264.11 points and in Paris the CAC 40 index lost 0.72 percent to 4,223.88 compared with Tuesday's close, as traders banked recent profits.Five minutes into ...
European stocks end lower LONDON: European stock markets dipped on Wednesday, with Frankfurt's main DAX index shedding 0.21 percent to 9,314.57.London's benchmark FTSE 100 lost 0.35 percent, ending on 6,755.48 points, while in Paris the CAC 40 fell 0.32 percent to 4,240.79 points.Copyright AFP (Agence France-Presse), 2014 ...
European shares dip as Carlsberg warns on Russia profits LONDON/PARIS: European shares dipped on Wednesday, ending a two-day rally, with investors rattled by Carlsberg warning that profits would fall this year due to deteriorating conditions in Russia.Shares in the Danish brewer fell 2.8 percent. It derives 35 percent of its profits from Russia, making it a test case of how European companies will be affected by tit-for-tat sanctions between the West and Russia over the conflict in Ukraine.Shares in rival Heineken, however, surged 7.8 ...
Stocks halts rally, BoE minutes stun markets LONDON: World stocks fell on Wednesday as investors braced for the possibility that a major central bank could raise interest rates this year after Bank of England minutes showed two of the bank's nine rate-setters voted for a hike earlier this month.Sterling and UK bond yields also rose after the unexpected shift closer to higher British rates, while record-low euro zone money market rates pushed the euro to its weakest against the dollar in a ...


Index Closing Chg%
Arrow DJIA 17,001.22 0.22
Arrow Nasdaq 4,538.55 0.14
Arrow S&P 1,988.40 0.20
Arrow FTSE 6,775.25 0.04
Arrow DAX 9,339.17 0.66
Arrow CAC-40 4,252.80 0.93
Arrow Nikkei 15,539.19 0.30
Arrow H.Seng 25,112.23 0.47
Arrow Sensex 26,419.55 0.23

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 15, 2014
Reserves $14.264 bln