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European shares bounce back; eyes on Ukraine PARIS: European shares rallied in early trade on Monday, reversing the previous session's losses, helped by easing worries over geopolitical risks from Ukraine and Iraq. Ukrainian forces have raised their national flag over a police station in the city of Luhansk that was for months under rebel control, Kiev said on Sunday, in what could be a breakthrough in Ukraine's efforts to crush pro-Moscow separatists. Also reassuring investors, Russia's Foreign Ministry said on Monday a 'certain progress' was achieved during talks between Russia, Germany, France and Ukraine in Berlin on Sunday on ways to end the military conflict in eastern Ukraine. At 0704 GMT, the FTSEurofirst 300 index of top European shares was up 1.1 percent at 1,337.66 points. The pan-European index had lost 0.5 percent on Friday and Germany's DAX had dropped 1.4 percent after news that Ukrainian forces had destroyed a Russian military column in Ukrainian territory fuelled ...

FTSE to keep sanctioned Russian banks in indexes for now MOSCOW: Stock index compiler FTSE has decided to keep Russia's banks Sberbank and VTB in its indexes for now but would exclude them if they issued new shares, it said late on Friday.The decision is likely to reassure investors in Russia's two largest banks, as neither is expected to issue new equity in the near future.Concerns that major index compilers may exclude Russian companies that are subject to Western sanctions from key benchmarks have been ...
Germany's DAX leads European share sell-off on heightened Ukraine jitters LONDON: European shares sharply reversed earlier gains to end in negative territory on Friday, led down by the Russia-exposed DAX index, on news of a Ukrainian attack on a Russian convoy. Ukraine said its forces had attacked and partly destroyed a Russian armoured column that entered Ukrainian territory overnight, a firefight which, if confirmed, would mark a dramatic worsening of the conflict. Equities had been underpinned most of the session by expectations for a continuation ...
European stock markets extend rise LONDON: European stock markets rose solidly on Friday, building on gains from the previous day as tensions appeared to ease over the Russia-Ukraine crisis, while the euro advanced versus the dollar.London's benchmark FTSE 100 index climbed 0.72 percent to stand at 6,685.26 points in mid-afternoon deals.Frankfurt's DAX 30 index climbed 0.96 percent to 9,313.93 points and in Paris the CAC 40 advanced by 1.03 percent to stand at 4,248.93 compared with Thursday's close.Concerns over the ...
UK FTSE set for biggest weekly gain in six months; BHP rallies LONDON: Britain's top equity index was on track to record its biggest weekly gain in six months as it rose on Friday, helped by a rally in heavyweight miner BHP Billiton. Weak economic data in Britain, Europe and the United States has increased expectations for a continuation of ultra-loose monetary policy, bolstering equities on the FTSE, mirroring other indexes. The FTSE 100 was up 43.50 points, or 0.7 percent, at 6,728.82 points by 1110 GMT, ...
Stocks hit two-week high, Russia makes slight gains LONDON: Emerging stocks hit two-week highs on Friday and were on course for gains of nearly 3 percent this week, buoyed by upbeat data on China. Russian assets rose slightly following conciliatory comments over Ukraine from President Vladimir Putin on Thursday.But investors remained worried about Russian military vehicles massed near the border with Ukraine. Ukrainian border guards crossed the border into Russia to begin inspecting a Russian cargo of aid intended for humanitarian relief in ...
Russian shares broadly flat; all eyes on Ukraine MOSCOW: Russian shares were broadly flat on Friday as the market awaited developments on the Russia-Ukraine border, where Russia has massed military vehicles and Ukrainian border guards were inspecting a huge Russian aid convoy. At 0945 GMT, the dollar-denominated RTS index was 0.07 percent higher at 1,232 points, while its rouble-based peer MICEX traded 0.09 percent higher at 1,408 points. "Geopolitics is still the main driver for the Russian stock market," said Mikhail Kuzmin of ...


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