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European stocks fall at open LONDON: European stock markets fell at the start of trading on Tuesday as Greece reached a deal over a third bailout and after China devalued the yuan to boost its economy. London's benchmark FTSE 100 index dropped 0.41 percent to 6,708.80 points compared with Monday's close. Frankfurt's DAX 30 slipped 0.49 percent to 11,548.00 points and the CAC 40 in Paris lost 0.22 percent to stand at 5,184.21.Greece has reached a deal on a multi-billion bailout with its international creditors after marathon talks, a government source said Tuesday."An agreement was reached," the source told AFP, with Finance Minister Euclid Tsakalotos briefly telling reporters that "one or two details" remained to be worked out during the day.The talks between ministers and the ECB, the International Monetary Fund and the European Stability Mechanism aim to finalise the list of new reforms required of the Greek government in exchange for a lifeline of ...

FTSE falters as mining stocks lose ground LONDON: Britain's top share index slipped lower on Monday, weighed down by a drop in major mining stocks which were impacted by a broker's downgrade on the sector. The blue-chip FTSE 100 index fell 0.6 percent to 6,676.56 points in early session trading. The FTSE is up around 1.5 percent since the start of 2015 but is some 6 percent below an April record high of 7,122.74 points."There does seem to be a certain lack ...
European stock markets down at open LONDON: Europe's main stock markets were slightly down at the start of trading on Friday as investors await US jobs data later in the day. In London the benchmark FTSE 100 index slipped 0.15 percent to 6,6737.23 points.Frankfurt's DAX 30 dropped 0.20 percent to 11,561.37 points and the CAC 40 in Paris lost 0.08 percent compared with Thursday's close to stand at 5,187.87.European stock markets ended Thursday lower. However, after losing nearly 20 percent in ...
Britain's FTSE rises off lows after dovish BoE vote, miners weigh LONDON: Britain's top share index edged down on Thursday, weighed down by weakness in miners and insurer RSA, though it briefly rallied off lows after a broadly dovish update from the Bank of England. The FTSE 100 index ended down 5.32 points, or 0.1 percent lower at 6,747.09 points, turning slightly lower after a negative open on Wall Street.The index had received a boost after fewer than expected Bank of England officials voted for a ...
European shares slip back; Novozymes slumps on weak results LONDON: European shares fell on Thursday, with weak corporate results weighing on enzyme company Novozymes and Deutsche Post even as UK stocks outperformed on receding rate-hike fears. The pan-European FTSEurofirst 300 index, which rose 1.3 percent in the previous session, closed down 0.8 percent at 1,589.38 points. The euro zone's blue-chip Euro STOXX 50 index declined by 0.2 percent. Novozymes slid by around 13 percent after reporting second-quarter earnings below expectations. Deutsche Post's shares also ...
Athens stock market gains 3.65pc after three-day loss ATHENS: The Athens stock market on Thursday closed with 3.65 percent gains, its first after three straight days of losses suffered since it was reopened this week following a five-week closure.The ATHEX index closed at 666.68 points, after having lost 19.35 percent of its value since resuming business at the start of the week.On Monday alone, the ATHEX suffered a record-setting plunge of 16.23 percent. Copyright AFP (Agence France-Presse), 2015 ...
Greece auctions 813mn euros in six-month bonds ATHENS: Greece rolled over 812.5 million euros ($885 million) in six-month treasury bonds Wednesday at the same 2.97 percent interest rate it auctioned bonds in July, the Greek Public Debt Management Agency said.The sale of new bonds to cover maturing titles was an encouraging sign for debt-swamped Greece, which is struggling to reach a new bailout deal with international creditors before August 20, when it must repay some 3.4 billion euros ($3.7 billion) due to ...


Index Closing Chg%
Arrow DJIA 16,643.01 0.07
Arrow Nasdaq 4,828.32 0.32
Arrow S&P 1,988.87 0.06
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,298.53 0.17
Arrow CAC-40 4,675.13 0.36
Arrow Nikkei 19,136.32 3.03
Arrow H.Seng 21,612.39 1.04
Arrow Sensex 26,392.38 0.61

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln