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European stocks retreat on top investor's warning LONDON: European stocks fell Tuesday after sentiment was hit by investment titan Carl Icahn's warning that equities were heading for a big drop, analysts said.Share prices largely turned lower also as the OECD said that while growth in advanced economies would pick up speed this year and next, it would do so mostly at a slower pace than forecast as new risks loom, especially from emerging economies.In afternoon trading, London's FTSE 100 benchmark index dropped 0.49 percent compared with Monday's closing levels to stand at 6,690.63 points. Frankfurt's DAX 30 slid 0.25 percent to 9,201.96 points and in Paris the CAC 40 shed 1.07 percent to 4,274.53 points."European indices are down across the board on Tuesday... following comments from Carl Icahn yesterday that prompted a little more caution from investors," said Craig Erlam, market analyst at Alpari traders."Icahn, a billionaire investor whose opinion is well respected in the industry, claimed ...

European stocks surge after Wall Street hits records LONDON: European main stock markets opened the week higher and the euro advanced against the dollar on Monday as dealers took their cue from a record early session on Wall Street.London witnessed some huge gains and losses for individual shares, with Aberdeen Asset Management soaring and energy group Petrofac slumping.At close, London's benchmark FTSE 100 index climbed 0.45 percent to 6,723.46 points.Frankfurt's DAX 30 added 0.62 percent to set a new record high close of ...
European stocks close higher LONDON: Europe's main stock markets closed higher on Monday, with London's benchmark FTSE 100 index climbing 0.45 percent to 6,723.46 points.Frankfurt's DAX 30 added 0.62 percent to set a new record high close of 9,225.43 points, and the CAC 40 in Paris rose 0.66 percent to 4,320.68 points.Copyright AFP (Agence France-Presse), 2013 ...
Aberdeen leads UK FTSE higher after SWIP deal LONDON: Britain's top equity index rose slightly on Monday, lifted by a rally in Aberdeen Asset Management and ambitious economic reform plans in China, a key export market for some UK blue chips. Shares in Aberdeen jumped 14.7 percent, the biggest daily gain in five years, after it bought SWIP, Lloyds Banking Group's fund management arm, creating Europe's No. 1 listed standalone fund manager. "In an industry that is still ripe ...
European stocks, euro push higher LONDON: European main stock markets opened the week higher and the euro advanced against the dollar on Monday as traders took their lead from the outlook for US stimulus.London witnessed some huge gains and losses for individual shares, with Aberdeen Asset Management soaring and energy group Petrofac slumping.London's FTSE 100 benchmark index rose 0.37 percent to 6,718.47 points around midday in the British capital. Frankfurt's DAX 30 climbed 0.56 percent to 9,219.59 points and in ...
European stocks fall at open LONDON: Europe's main stock markets fell slightly at the start of trading on Monday, with London's benchmark FTSE 100 index dipping 0.04 percent to 6,690.78 points.Frankfurt's DAX 30 index dropped 0.17 percent to 9,154.23 points and in Paris the CAC 40 shed 0.11 percent to 4,287.43 compared with Friday's closing values.Copyright AFP (Agence France-Presse), 2013 ...
Sterling rises, outperforms euro after soft euro zone GDP data LONDON: Sterling rose against the euro on Thursday after the euro zone reported third-quarter growth that was weaker than expected, keeping alive chances the European Central Bank may have to ease monetary policy soon.In the UK, October retail sales data came in below expectations but did little to alter expectations the Bank of England would have to tighten policy much earlier than it had suggested. Also, retail sales data have been volatile, making any impact ...

 



 
Index Closing Chg%
Arrow DJIA 17,719.00 0.19
Arrow Nasdaq 4,701.87 0.56
Arrow S&P 2,052.75 0.20
Arrow FTSE 6,678.90 0.26
Arrow DAX 9,483.97 0.12
Arrow CAC-40 4,234.21 0.75
Arrow Nikkei 17,300.86 0.07
Arrow H.Seng 23,349.64 0.10
Arrow Sensex 28,067.56 0.12






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln