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Europe shares halt sell-off, focus shift to earnings PARIS: European shares inched up early on Tuesday, halting the previous session's sell-off, but gains were limited following further losses on Wall Street, where investors continued to dump Internet stocks and switch into defensive sectors.At 0704 GMT, the FTSEurofirst 300 index of top European shares was up 0.2 percent at 1,338.16 points, after losing 1.3 percent on Monday.Wall Street's Dow Jones industrial average fell 1 percent on Monday and the S&P 500 lost 1.1 percent. The Nasdaq, home of tech and biotech companies, lost 1.2 percent, posting its worst three-day decline since November 2011."It's too early buy the dip. We need to see the start of the earnings season in the US first. If the results are showing improvements in the micro space, then the market could rebound, but we're not there yet," said David Thebault, head of quantitative sales trading at Global Equities, in Paris.Copyright Reuters, 2014 ...

European stocks slump on tech fears LONDON: European stocks slumped on Monday, after heavy losses elsewhere, as investors fretted over the global technology sector, the US interest rate outlook and fresh unrest in Ukraine, dealers said. London's FTSE 100 dropped 1.09 percent to 6,622.84 points, while in Paris the CAC 40 fell 1.08 percent to 4,436.08 points, and the DAX 30 in Frankfurt shed 1.91 percent to 9,510.85 points."The week has started firmly in the red, with UK and European markets ...
Housebuilder stocks fall as UK's FTSE loses ground LONDON: Britain's top share index fell on Monday, retreating from a three-week high as a drop in housebuilders and concerns over the valuation of some stocks weighed on the market.The blue-chip FTSE 100 index, which rose 0.7 percent on Friday to reach its highest in around three weeks, declined by 1 percent, or 65.76 points, to 6,629.79 points in late session trading.Housebuilding and property stocks - which have been among the best performers over the ...
European stocks slide after losses elsewhere LONDON: European stocks fell Monday, after heavy losses elsewhere, as investors fretted over the global technology sector, the US interest rate outlook and fresh unrest in Ukraine, dealers said. Markets won a modest boost after Swiss cement group Holcim and French rival Lafarge announced that they will merge to create a global leader in the concrete industry.Approaching midday, London's FTSE 100 index of leading companies slid 0.42 percent to 6,667.68 points.Frankfurt's DAX 30 index shed ...
Credit Suisse shares fall as new US tax case may loom ZURICH: Shares in Credit Suisse fell on Monday after reports over the weekend said New York financial authorities had requested documents from the bank to see if it lied about building tax shelters, in a sign the Swiss bank may face fresh legal troubles in the United States. Benjamin Lawsky, New York's financial services superintendent, has sought documents from Switzerland's second-biggest bank, a source familiar with the matter told Reuters.Credit Suisse declined to comment. Shares ...
European stocks drop at open; London FTSE loses 0.80pc LONDON: Europe's main stock markets fell at the start of trading on Monday, with London's benchmark FTSE 100 index down 0.80 percent at 6,641.71 points.The Paris CAC 40 index dipped 0.70 percent to 4,453.00 points and Frankfurt's DAX 30 fell 1.14 percent to 9,585.52 compared with Friday's closing values.Asian equities also retreated, taking their lead from Friday's heavy sell-off on Wall Street despite a healthy US jobs report.Copyright AFP (Agence France-Presse), 2014 ...
Europe shares halt rally; Lafarge, Holcim surge on merger PARIS: European stocks fell in early trading on Monday, halting their brisk three-week rally and tracking a selloff on Wall Street on Friday where a number of high-growth companies mostly in the tech and biotech tumbled.Losses were cushioned, however, as M&A activity in Europe fuelled hopes of further consolidation. Switzerland's Holcim unveiled an all-share deal to buy France's Lafarge on Monday to create the world's biggest cement maker with combined sales of 32 billion euros ...


Index Closing Chg%
Arrow DJIA 16,424.85 1.00
Arrow Nasdaq 4,086.23 1.29
Arrow S&P 1,862.31 1.05
Arrow FTSE 6,584.17 0.65
Arrow DAX 9,317.82 1.57
Arrow CAC-40 4,405.66 1.39
Arrow Nikkei 14,417.68 3.01
Arrow H.Seng 22,696.01 0.11
Arrow Sensex 22,277.23 0.92

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln