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European stocks rally on ECB stimulus comments LONDON: Europe's stock markets rallied Tuesday after ECB executive board member Benoit Coeure signalled that the central bank would temporarily ramp up its stimulus programme, dealers said.In Paris afternoon trade, the benchmark CAC 40 index of top companies surged 1.80 percent to 5,102.60 points. Frankfurt's DAX 30 won 1.84 percent to 11,807 points compared with the close on Monday.London's FTSE 100 added 0.35 percent to 6,992.90 points, with gains tempered by news that British inflation fell into negative territory for the first time since 1960.In foreign exchange, the euro sank to $1.1188, down from $1.1315 late in New York on Monday."Equity markets are ecstatic over the news that the ECB will front-load its bond buying scheme, and the short-term boost to the QE scheme has driven stock markets around Europe higher," said analyst David Madden at trading firm IG.Coeure, speaking at a conference in central London on Monday, declared that ...

Euro, bond yields tumble as ECB hints at faster pre-summer buying LONDON: The euro tumbled on Tuesday and the region's stocks and bonds jumped after the European Central Bank signalled it would speed up its 1 trillion euro bond-buying programme for the next two months ahead of an expected summer lull.World stocks were already testing all-time highs after another jump in Chinese stocks and a record close on Wall Street, and European markets shot up after top ECB policymaker Benoit Coeure talked of adjusting the bank's ...
Britain's FTSE gains, Land Securities up after dividend hike LONDON: Britain's top share index rose on Tuesday, with Land Securities leading the market higher after raising its dividend payout, despite a drop in heavily weighted miners and telecoms firm Vodafone.The blue-chip FTSE 100 index was up 26.20 points, or 0.4 percent at 6,995.07 points by 1034 GMT. The index has gained nearly 7 percent so far this year.Shares in Land Securities rose 2.4 percent, one of the biggest FTSE 100 gains, after Britain's largest ...
European shares return near multi-year highs LONDON: European shares rose back to near multi-year highs on Tuesday after a European Central Bank (ECB) policymaker said the ECB would front-load an asset purchase scheme, aimed at boosting growth in the region.The comments led the euro to trade below $1.12 for the first time in a week, juicing investor appetite for stocks - especially in the exporter-heavy German DAX index. Euro weakness in the first three months of the year added 17 billion ...
European stocks advance at open LONDON: European stock markets rose at the start of trading on Tuesday, with London's benchmark FTSE 100 index up 0.24 percent at 6,985.27 points.Elsewhere, the CAC 40 in Paris gained 0.56 percent to 5,040.45 points and Frankfurt's DAX 30 won 0.99 percent to 11,709.87 compared with Monday's close.Copyright AFP (Agence France-Presse), 2015 ...
European shares steady on Greek rebound; DAX jumps LONDON: European shares rose on Monday as investors grew more optimistic over a deal over Greek debt, although energy earnings and looming share sales in the banking sector weighed on investor appetite. The pan-European FTSEurofirst 300 index closed up 0.4 percent at 1,579.92 points, with the German DAX index up 1.3 percent. A recent rollercoaster sell-off in the bond market has taken some of the wind out of European stock-market sails, with top shares down ...
European stocks slide on Greek debt fears LONDON: Europe's main stock markets mostly slid Monday as the banking sector took a hit from concerns over Greece's unresolved crisis, dealers said.London's benchmark FTSE 100 index of top companies shed 0.15 percent to 6,950.12 points in afternoon deals while in Paris, the CAC 40 index fell 0.32 percent to 4,978.04 points.Frankfurt's DAX 30 bucked the trend, rising 0.57 percent to 11,512.33 points compared with the close on Friday.Athens stocks shed 1.84 percent, while Milan ...

 



 
Index Closing Chg%
Arrow DJIA 18,232.02 0.29
Arrow Nasdaq 5,089.36 0.03
Arrow S&P 2,126.06 0.22
Arrow FTSE 7,031.72 0.05
Arrow DAX 11,815.01 0.42
Arrow CAC-40 5,117.17 0.50
Arrow Nikkei 20,413.77 0.74
Arrow H.Seng 27,992.83 1.70
Arrow Sensex 27,643.88 1.12





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln