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DAX gains offset Milan market weakness to lift European shares LONDON: European shares extended the previous session's rally on Tuesday, with Germany's DAX index outperforming, driven by what traders saw as an easing of the Ukraine crisis.Italy's FTSE MIB equity index proved a drag, falling 0.5 percent as carmaker Fiat retreated 3.1 percent after Credit Suisse started its coverage of the stock with an "underperform" rating.European stock markets had rebounded sharply on Monday after Russia's Foreign Ministry said some progress had been achieved during talks between Russia, Germany, France and Ukraine over the conflict.Although the situation remained fragile - with Ukrainian government forces reporting new advances against pro-Russian separatists - traders took consolation from the fact that the situation had not worsened materially, in their eyes."The Ukraine situation is dragging on, which is a bit of a concern, but on an underlying basis, the stock markets look okay. People still want to be in the markets rather than out," McLaren ...

Strong housebuilders spur Britain's FTSE to 3-week high LONDON: Britain's top share index climbed to its highest closing level in three weeks on Tuesday, bolstered by housebuilding stocks after robust results from Persimmon.A day after Bovis Homes unveiled a big jump in profits and upbeat dividend news, builder Persimmon delivered a 57 percent rise in pretax profit. It sold 6,408 new homes in the six months to end-June and said it was trading ahead of last year in the traditionally slower summer period."This ...
European stock markets extend rebound LONDON: Europe's main stock markets rose on Tuesday, extending the previous day's surge, with traders pointing to easing geopolitical concerns for rallies across the board.London's benchmark FTSE 100 index climbed 0.37 percent to stand at 6,765.92 points around midday in Britain.Frankfurt's DAX 30 jumped 0.96 percent to 9,333.92 points and in Paris the CAC 40 index won 0.46 percent to 4,250.25 compared with Monday's close.European stock markets had rebounded sharply on Monday on easing investor ...
Russian shares firmer as risk appetite picks up MOSCOW: Russian shares rose on Tuesday, touching one-month highs and drawing support from increased global risk appetite linked to hopes there will be no further escalation of the conflict in Ukraine.At 0745 GMT, the dollar-denominated RTS index was up 0.8 percent to 1,254 points, while its rouble-based peer MICEX traded 0.9 percent higher at 1,438 points."Declining geopolitical risks around Ukraine and Iraq, as well as a steady recovery in the American economy, are creating a ...
European shares extend rebound, led by DAX LONDON: European shares rose on Tuesday to extend the previous session's rally, with Germany's DAX index outperforming, driven by what traders saw as an easing of tension in the Ukraine crisis.European stock markets had rebounded sharply on Monday after Russia's Foreign Ministry said some progress had been achieved during talks between Russia, Germany, France and Ukraine over the conflict.Although the situation remained fragile - with Ukraine government forces reporting new advances against pro-Russian separatists - ...
Stocks head higher as risk appetite returns LONDON: Global stocks rose and money-market rates fell to new lows on renewed investor appetite for risk on Tuesday, as investors breathed easier over the Ukraine crisis and saw monetary policy remaining accommodative.Equities are still trading broadly near multi-year highs despite the past month's jitters over geopolitical risk, with traders keeping a close eye on economic data and central-banker comments for indications of interest-rate moves after years of crisis-era rock-bottom benchmark borrowing rates."The situation in ...
European stocks bounce as Ukraine fears ease LONDON: European stock markets rebounded sharply on Monday as traders breathed a sigh of relief over easing tensions in east Ukraine and gains by Western-backed forces in Iraq.Frankfurt's main DAX index added 1.68 percent to end the day at 9,245.33.London's benchmark FTSE 100 gained 0.78 percent at 6,741.25 points, while in Paris the CAC 40 rose 1.35 percent to 4,230.65 points, compared with Friday's close. "European markets were largely following through on Friday's late recovery ...

 



 
Index Closing Chg%
Arrow DJIA 16,979.13 0.35
Arrow Nasdaq 4,526.48 0.02
Arrow S&P 1,986.51 0.25
Arrow FTSE 6,755.48 0.35
Arrow DAX 9,314.57 0.21
Arrow CAC-40 4,240.79 0.32
Arrow Nikkei 15,454.45 0.03
Arrow H.Seng 25,159.76 0.15
Arrow Sensex 26,314.29 0.40





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 15, 2014
Reserves $14.264 bln