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European stocks set to rise 2pc by year-end, helped by ECB PARIS: European shares are poised to add another 2 percent to this year's gains, supported by the European Central Bank's ultra-loose monetary policy and as a falling euro boosts company earnings, a Reuters poll found.Italy's benchmark index FTSE MIB - already up 9 percent so far in 2014 and expected to be the biggest beneficiary of the ECB's stimulus measures - is set to gain an extra 6 percent before year-end.Europe's rally looks likely to continue through 2015, although it may be held back in the first part of the year as the U.S. Federal Reserve is expected to raise interest rates for the first time since 2006.The survey of around 50 fund managers and strategists conducted in the past week predicted the pan-European STOXX Europe 600 index would climb 2 percent from current levels to 350 points by the end of 2014.The euro zone's blue-chip Euro STOXX 50 index, ...

UK's FTSE to hit record high by end-2014, keep rising next year LONDON: Britain's top equity index is set to shrug off this week's accounting debacle at supermarket Tesco and uncertainty over next year's election to hit a record high by the end of December, a Reuters poll found.The poll of almost 50 traders, fund managers and strategists, taken in the past week, gave a median end-2014 target of 7,000 for the blue-chip FTSE 100 index, and a mid-2015 target of 7,100 - which would be record ...
Russian shares to cut losses this year after sanctions sell-off MOSCOW: Russian shares will climb around 5 percent from current levels by the end of December but will still finish the year some 13 percent lower after months of heavy selling pressure linked to the Ukraine crisis, a Reuters poll found.Russian assets have plunged on several occasions this year as markets fretted over Russian military intervention in Ukraine and as Western powers imposed several rounds of sanctions targeting key sectors of the Russian economy.Capital flight ...
Britain's FTSE falls as investors brace for US, UK tightening LONDON: Britain's FTSE 100 lagged all major European indices on Thursday, as concern that Britain and the United States will soon tighten monetary policy pulled down mining and energy stocks, as well as companies exposed to the UK property market.Shares in oil major BP and global mining company BHP Billiton were the biggest drag on the FTSE 100, as oil and copper prices fell on expectations U.S. monetary policy will tighten at a time of ...
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 ...
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 ...

 



 
IndexClosingChg%
ArrowDJIA 17,042.90 0.17
ArrowNasdaq 4,493.39 0.28
ArrowS&P 1,972.29 0.28
ArrowFTSE 6,622.72 0.36
ArrowDAX 9,474.30 0.55
ArrowCAC-40 4,416.24 1.33
ArrowNikkei 16,173.52 0.84
ArrowH.Seng 22,932.98 1.28
ArrowSensex 26,630.51 0.13





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln