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UK's FTSE supported by rally in Reed Elsevier LONDON: Britain's main equity index climbed higher on Thursday, as gains at media company Reed Elsevier more than offset a slump in home improvements retailer Kingfisher.The blue-chip FTSE 100 index rose by 0.1 percent, or 8.97 points, to 6,807.12 points by the middle of the trading day.Reed Elsevier rose 3.2 percent after reporting first-half earnings that beat market expectations.However, Kingfisher slumped 7.5 percent after it suffered a sharp slowdown in trading in June.Weak corporate results have helped push down the FTSE over the last month from earlier peaks, with the index still down about 1.3 percent from its May peak of 6,894.88 points, which marked its highest level since December 1999.However, Securequity sales trader Jawaid Afsar backed using days when the market fell to add to equity positions as he felt the FTSE should hit a record level of 7,000 points later this year, helped by the UK's strengthening economy."Even ...

Russian assets slip as investors eye new EU sanctions LONDON: Russian shares fell and the rouble slipped half a percent on Thursday ahead of a meeting between European states on whether to impose tougher sanctions over its role in Ukraine's crisis.Russian credit default swaps (CDS) fell 8 bps to 197 bps, however, the lowest cost for insuring its debt against default in over a week, according to Markit.EU states are due to meet later to discuss harsher measures against Russia for its continued involvement ...
Russian stocks trim losses on details of possible EU sanctions MOSCOW: Russian equities trimmed their early session losses on Thursday after the European Union revealed details of possible further sanctions on Moscow.At 1015 GMT, the dollar-traded RTS index was down 0.2 percent at 1269 points, after trading as much as 1.5 percent down earlier in the session.The rouble-traded MICEX was less than 0.1 percent down to 1,406 points, trimming its 0.5 percent losses seen earlier in the session. Copyright Reuters, 2014 ...
European stock markets steady at open LONDON: Europe's main stock markets were mostly steady at the start of trading on Thursday, with London's benchmark FTSE 100 index flat at 6,797.64 points.The CAC 40 in Paris was little changed at 4,376.69 points, while Frankfurt's DAX 30 index rose 0.19 percent to 9,772.15 compared with Wednesday's close.Copyright AFP (Agence France-Presse), 2014 ...
European stock markets lifted by upbeat earnings LONDON: European stock markets inched higher Wednesday supported by upbeat earnings, as investors paused for breath after the previous day's strong gains amid ongoing concern about the fallout from Ukraine. Frankfurt's main DAX index gained 0.20 percent compared with Tuesday's close to end the day at 9,753.56 points.London's benchmark FTSE 100 index edged up 0.04 percent to 6,798.15 points, while in Paris the CAC 40 added 0.16 percent to 4,376.32."European equity markets edged slightly higher ...
European stock markets extend gains LONDON: European stock markets rose on Wednesday, building on the previous day's gains and following a positive lead from Wall Street that helped to offset geopolitical unrest, traders said.London's benchmark FTSE 100 index climbed 0.19 percent to stand at 6,808.03 points in midday deals.Frankfurt's DAX 30 gained 0.54 percent to 9,787.37 points and the CAC 40 in Paris won 0.45 percent to 4,389.19 compared with Tuesday's close.Craig Erlam, market analyst at Alpari traders, said investors ...
Better earnings provide support for European shares, led by Daimler EDINBURGH: European stocks rose on Wednesday on the back of generally strong earnings despite investors' concerns over the possibility of fresh European Union sanctions against Russia over the Ukraine crisis.German blue chip shares outperformed, gaining 0.5 percent, led higher by car and truck maker Daimler after it posted earnings above expectations.Daimler rose 2.2 percent, boosted by demand for new models of its high-end Mercedes-Benz cars in countries such as China."Daimler's results read very well. Appetite ...


Index Closing Chg%
Arrow DJIA 16,982.59 0.13
Arrow Nasdaq 4,444.91 0.10
Arrow S&P 1,978.91 0.03
Arrow FTSE 6,788.07 0.05
Arrow DAX 9,598.17 0.48
Arrow CAC-40 4,344.77 0.33
Arrow Nikkei 15,529.40 0.46
Arrow H.Seng 24,428.63 0.88
Arrow Sensex 25,991.23 0.52

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln