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European shares turn negative, track weaker US equities LONDON: European equities fell late on Thursday after U.S. shares opened lower following poor durable goods data, with Britain's FTSE 100 underperforming as the Bank of England said a rate hike was getting closer.U.S. stock markets fell by 0.4 to 0.6 percent after data showed durable goods orders declined by 18.2 percent in August, the largest drop since the series started in 1992. Also, initial claims for state unemployment benefits rose 12,000 to 293,000 for the week ended Sept. 20, below the 300,000 forecast.The FTSEurofirst 300 index of top European shares was down 0.2 percent at 1,383.14 points by 1344 GMT after rising to a high of 1,391.80 earlier in the session.The FTSE 100 was also down by 0.5 percent, impacted by comments from Bank of England Governor Mark Carney who said the central bank was getting nearer to raising interest rates, but the exact date would depend on economic ...

European stocks build on gains but euro shaken LONDON: European stock markets mostly rose Thursday, building on the previous day's recovery, but London dipped as heavyweight miners faced renewed pressure after the dollar hit two-year highs against the euro.London's FTSE 100 benchmark index eased 0.04 percent to stand at 6,703.63 points around midday in the British capital, with miner Anglo American among the biggest fallers with a loss of 2.67 percent to 1,422 pence.Frankfurt's DAX 30 index grew 0.46 percent to 9,706.51 points ...
European shares inch higher as euro falls further PARIS: European shares gained ground in early trade on Thursday, extending the previous session's rebound as a further drop in the euro fuelled expectations of a boost to the region's corporate earnings.The single currency sank to $1.2715 on Thursday morning, its lowest level in nearly two years, reflecting a widening divergence between the monetary policies outlooks of the U.S. Federal Reserve and the European Central Bank.After proving a major headwind for exporters in the first ...
Stock market hopefuls face harder sell as investors weary of IPO flood LONDON: European stock market listings are kicking off again after a summer break, but many companies hoping to copy successful flotations earlier in the year now have to convince investors weary from a flood of new names and burned by high prices.Enthusiasm for initial public offerings (IPOs) has quadrupled the amount raised in Europe in the first nine months of this year compared to a year earlier to a total of $55.5 billion.But the sheer ...
Stronger dollar knocks emerging assets, Ukraine bonds extend gains LONDON: A buoyant dollar kept emerging markets under pressure on Thursday, with many currencies at multi-month lows though ebbing military tensions allowed some Russian and Ukrainian assets to buck the trend.The dollar is near four-year highs against a basket of currencies while U.S. Treasury yields resumed their rise on Wednesday, partly due to a reduction in safe-haven bids.Military alliance NATO said on Wednesday it had observed a "significant" withdrawal of Russian troops from Ukraine, enabling ...
Russian stocks mixed as court extends tycoon's detention MOSCOW: Russian stocks were mixed on Thursday as a court decision to leave one of the country's best-known tycoons under house arrest dented sentiment that had been lifted by hopes the EU may soon soften sanctions against Russia.At 0930 GMT, the rouble-based MICEX share index was 0.4 percent higher at 1,447 points, while the dollar-denominated RTS index was down 0.4 percent at 1,185 points, hurt by a significant weakening of the rouble.Most individual stocks, priced ...
Britain's FTSE gives away gains as oil and mining shares weigh LONDON: Britain's main equity index gave away early gains to become the only major European index to trade slightly below the gain line on Thursday, pummelled by heavyweight mining and energy stocks.Shares in oil majors such as BP and global miner BHP Billiton, which make money selling commodities, were the biggest drag on the FTSE as oil and copper prices fell on concerns about a future tightening of U.S. monetary policy at a time of ...


Index Closing Chg%
Arrow DJIA 17,798.49 0.08
Arrow Nasdaq 5,127.52 0.22
Arrow S&P 2,090.11 0.06
Arrow FTSE 6,375.15 0.28
Arrow DAX 11,293.76 0.24
Arrow CAC-40 4,930.14 0.32
Arrow Nikkei 19,883.94 0.30
Arrow H.Seng 22,068.32 1.87
Arrow Sensex 26,128.20 0.65

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
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Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln