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European stocks drop after bank tests, German data LONDON: Europe's main stock markets fell on Monday, reversing early gains won on the back of banks' stress test results, as disappointing German business confidence data highlighted renewed eurozone strains.London's benchmark FTSE 100 index slipped 0.37 percent to stand at 6,365.22 points in late morning deals.Frankfurt's DAX 30 dropped 0.62 percent to 8,932.14 points and in Paris the CAC 40 lost 0.60 percent to 4,104.22 compared with Friday's closing value.Milan shed 2.16 percent and Madrid gave up 1.49 percent.The euro firmed against other major currencies after a large majority of eurozone banks were given a clean bill of health on Sunday by the European Central Bank, fuelling hopes that a major cause of economic uncertainty could soon be eliminated.In the most stringent audit of eurozone banks ever undertaken -- marking a major reform aimed at preventing a repetition of the crisis that nearly led to the euro's collapse -- the ...

Fall in Lloyds weighs on UK's FTSE 100 LONDON: A fall in Lloyds Banking Group weighed on Britain's top equity index on Monday, after Lloyds only narrowly passed a regulatory health check set out for Europe's banking sector.Britain's blue-chip FTSE 100 index was flat at 6,392.30 points in early session trading, after it had managed a slight rebound last week back off 15-month lows reached earlier in October.Lloyds was the worst-performing FTSE 100 stock in percentage terms, falling 2.3 percent after Lloyds only ...
Bank tests comfort investors but growth worries persist LONDON: Low-rated government bond yields dropped and the euro edged tentatively higher on Monday as the results of euro zone bank health checks spared investors immediate pain.Early exuberance in European stock markets was subdued, however, by a survey showing weakening German business morale.Fewer than one in five of the bloc's top lenders failed the tests at the end of last year and many have since repaired their finances, results released on Sunday showed."The success of ...
Offshore Brazil shares tank on election result LONDON: Brazilian shares traded offshore fell on Monday after leftist Dilma Rousseff was re-elected as president, paving the way for losses in local assets and the real currency, while broader emerging markets were stable.Russian shares were the outliers, bouncing 1 percent on relief that the country had avoided a cut in its credit rating to 'junk' after Standard & Poor's review on Friday.World markets were broadly positive after euro zone bank health checks showed that ...
European shares rise, led by banks on health check relief LONDON: Euro zone banks led European shares higher on Monday after the results of sector-wide financial health checks painted a brighter picture than many investors had expected.The Euro STOXX banking index rose 1.1 percent after Sunday's European Central Bank review concluded that capital holes identified at the end of last year had since then chiefly been plugged, leaving only a relatively 10 billion euros to be raised."One good sign was that a big part of ...
European stocks rise at open, after bank stress tests LONDON: European stock markets rose solidly at the start of trading on Monday as investors reacted to weekend eurozone bank 'stress' tests which cleared all but 25 leading banks.London's benchmark FTSE 100 index climbed 0.79 percent to 6,439.13 points at the open.Frankfurt's DAX 30 increased by 1.03 percent to 9,080.80 points and in Paris the CAC 40 gained 1.02 percent to 4,170.84 compared with Friday's closing value.The euro meanwhile firmed against other major currencies the ...
European shares rise on banks' health relief LONDON: Euro zone banks led a rally in European shares on Monday after the results of the region's banking sector health checks painted a brighter picture than many investors had expected.The Euro STOXX banking index rose 2 percent as investors gave a thumbs-up to the European Central Bank's health check of euro zone banks, describing it as a step in the right direction rather than the final word on the state of the bloc's financial ...


Index Closing Chg%
Arrow DJIA 17,888.35 0.95
Arrow Nasdaq 5,156.31 0.93
Arrow S&P 2,102.63 1.07
Arrow FTSE 6,395.65 0.62
Arrow DAX 11,261.24 1.06
Arrow CAC-40 4,914.53 0.87
Arrow Nikkei 20,012.40 1.34
Arrow H.Seng 22,381.35 1.75
Arrow Sensex 26,169.41 0.09

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WeeklyNovember 30, 2015
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