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UK's FTSE gains as mining shares rise; banks underperform LONDON: Britain's top equity index rebounded on Tuesday, helped by stronger mining stocks, although its advance was curbed by a drop in banking shares such as Standard Chartered and Lloyds.The blue-chip FTSE 100 index was up by 0.4 percent at 6,388.77 points by the middle of the trading session after a 0.4 percent decline on Monday.Mining companies such as Glencore, BHP Billiton and Rio Tinto added the most points to the FTSE. The FTSE 350 Mining Index rose 1.4 percent after the price of copper neared a two-week high.However, banks retreated. Standard Chartered slumped nearly 10 percent to a five-year low after the Asia-focused bank warned investors of lower second-half profits. Its quarterly earnings were hit by a surge in bad loans and higher regulation and compliance costs."Not only has credit started to deteriorate and will be the driver of the next earnings downgrade cycle, but volume, revenue and cost ...

European shares rise early; Sanofi sinks PARIS: European shares rose in early trade on Tuesday, reversing the previous session's dip as better-than-expected results from a number of blue-chips including pharma group Novartis and bank UBS helped lift sentiment.At 0803 GMT, the FTSEurofirst 300 index of top European shares was up 0.6 percent at 1,313.05 points, with UBS up 1.9 percent and Novartis up 1.7 percent.Bucking the trend, French drugmaker Sanofi sank 7.1 percent after posting weaker-than-expected quarterly sales, blaming pricing pressures ...
European stocks open higher LONDON: European stock markets opened with solid gains on Tuesday, as London's benchmark FTSE 100 index grew 0.65 percent to 6,404.52 points.Frankfurt's DAX 30 jumped 0.90 percent to 8,983.06 points and in Paris the CAC 40 climbed 0.26 percent to stand at 4,107.57 compared with Monday's closing value.Europe's main stock markets had fallen sharply on Monday as negative German business data overpowered broad relief after the European Central Bank gave passing grades to a comfortable ...
European shares fall as banks see profit-taking after ECB tests PARIS/LONDON: European stocks fell on Monday, as investors booked the gains they made after the European Central Bank's review of the region's banks and an index of German business sentiment dropped to its lowest in almost two years.Following an early rally, most euro zone banking stocks turned negative as traders took profits after. The sector had risen 14 percent since mid-October in the run-up to the results of the ECB review."I think it's a case ...
UK's FTSE 100 weighed down by financials after banking health check EDINBURGH: Britain's top equity index fell on Monday, weighed down by financials after Lloyds only narrowly passed a regulatory health check for Europe's banks.Britain's blue-chip FTSE 100 index fell 0.2 percent to 6,377.79 points by 1515 GMT, after managing a slight rebound last week from the 15-month lows it reached earlier in October.The FTSE 100 hit a peak of 6,904.86 points at the start of September, its highest since early 2000, before slumping in October.Growth ...
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 ...
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 ...


Index Closing Chg%
Arrow DJIA 17,195.42 1.30
Arrow Nasdaq 4,566.14 0.37
Arrow S&P 1,994.65 0.62
Arrow FTSE 6,463.55 0.15
Arrow DAX 9,114.84 0.35
Arrow CAC-40 4,141.24 0.74
Arrow Nikkei 15,658.00 1.67
Arrow H.Seng 23,702.04 1.49
Arrow Sensex 27,346.33 0.92

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln