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Futures point to higher open for European equities        LONDON: European stock index futures pointed to a rebound in equities on Wednesday, after hefty losses in the past two sessions, on expectations of some positive signals from a US Federal Reserve meeting. At 0703 GMT, futures for the Euro STOXX 50, for Germany's DAX and for France's CAC-40 were up 1.5 to 1.6 percent. Copyright Reuters, 2011 ...

Spanish shares fall by 5pc     MADRID: Spanish shares plunged by more than five percent on Tuesday in line with falls across Europe after a surprise decision by Greece to hold a referendum on the latest eurozone debt deal. In afternoon trading, the Ibex-35 index of leading shares fell by 5.14 percent to 8,494.2 points. Copyright AFP (Agence France-Presse), 2011 ...
Italian stocks plunge 7.07 percent ROME: Italian stocks plunged 7.07 percent at around 1300 GMT on Tuesday led by bank shares as bonds also came under heavy pressure amid concerns that Italy could be dragged further into the eurozone debt crisis. Italian markets were hit hard, in line with other Europpean markets, by a surprise announcement that Greece is to hold a referendum on its eurozone debt rescue deal. Shares in Italy's biggest bank, UniCredit, were down 11.62 percent while the country's ...
London stock market plunges more than 3 percent LONDON: The London stock market dived by more than 3.0 percent on Tuesday, with more heavy losses for banks, after Greek Prime Minister George Papandreou called a referendum on its EU bailout deal. The British capital's FTSE 100 index of leading companies dropped 3.12 percent to 5,371.43 points shortly after midday, with the banking sector suffering fresh falls on mounting fears of exposure to Greek debt.   Copyright AFP (Agence France-Presse), 2011   ...
FRANKFURT: Germany's blue-chip DAX 30 stocks index sank more than 5.0 percent in midday trading on Tuesday amid turmoil set off by the shock announcement of a Greek referendum on last week's EU debt rescue package. Bank shares led the plunge, and at 1156 GMT the index was showing a loss of 5.27 percent to 5,817.45 points.   Copyright AFP (Agence France-Presse), 2011   ...
European stocks slump at open     LONDON: European stock markets tumbled at the start of trading Tuesday, hit by fresh fears for the eurozone crisis after Greece proposed a referendum on last week's EU debt deal.   London's benchmark FTSE 100 index slid 1.71 percent to 5,449.62 points, Frankfurt's DAX 30 shed 3.37 percent to 5,934.54 points and in Paris the CAC 40 lost 3.11 percent to 3,136.27. Copyright AFP (Agence France-Presse), 2011 ...
European stocks slide as debt crisis sinks US broker    LONDON: European stock markets and the euro fell sharply on Monday as investors retreated from bank shares on concerns the EU debt crisis accord may come up well short of initial expectations. The crisis took its first casualty in the United States as struggling brokerage firm MF Global filed for bankruptcy after taking losing bets on distressed European sovereign debt. In London, the FTSE-100 index of top companies lost 2.77 percent to 5,544.22 points, the Paris CAC-40 ...

 



 
Index Closing Chg%
Arrow DJIA 15,303.10 0.06
Arrow Nasdaq 3,459.14 0.01
Arrow S&P 1,649.60 0.06
Arrow FTSE 6,654.34 0.63
Arrow DAX 8,305.32 0.56
Arrow CAC-40 3,956.79 0.26
Arrow Nikkei 14,612.45 0.89
Arrow H.Seng 22,618.67 0.23
Arrow Sensex 19,704.33 0.15






Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln