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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 ($44 billion). Holcim shares were up 5.6 percent while Lafarge gained 3.8 percent.Numericable jumped 15 percent after winning a fierce month-long bidding war against mobile rival Bouygues for the prize of SFR as Vivendi announced it had decided to go with Numericable's offer. Bouygues shares were down 6.2 percent.Copyright Reuters, 2014 ...

European stocks close higher LONDON: Europe's main stock market indices closed up on Friday, with London's FTSE 100 rising 0.70 percent to 6,695.55 points. In Paris, the CAC 40 climbed 0.79 percent to 4,484.55 points, and the DAX 30 in Frankfurt gained 0.70 percent to 9,695.77 points.Copyright AFP (Agence France-Presse), 2014 ...
European stocks climb on solid US jobs data LONDON: Europe's main stock markets pushed solidly higher on Friday as jobs data showed the recovery in the US economy has gotten over a winter cold.London's FTSE 100 rose 0.70 percent to 6,695.55 points. In Paris, the CAC 40 climbed 0.79 percent to 4,484.55 points, and the DAX 30 in Frankfurt gained 0.70 percent to 9,695.77 points.Madrid finished up 0.88 percent and Milan added 0.83 percent. Investors had been keenly awaiting March non-farm payrolls ...
Banks and miners help push UK's FTSE to three-week highs LONDON: Britain's top equity index hit its highest level in around three weeks on Friday, boosted by gains in sectors seen as among the most sensitive to an upturn in the global economy, such as banks and miners. The blue-chip FTSE 100 index closed up by 0.7 percent, or 46.41 points, at 6,695.55 points. Global equity markets were also buoyed by US employment data, which suggested the world's biggest economy may be gaining momentum. US ...
Forint firms ahead of Hungarian elections BUDAPEST: Central Europe's most volatile currency, Hungary's forint, firmed slightly on Friday ahead of Sunday's elections which Prime Minister Viktor Orban's Fidesz party looks set to win.But the benchmark Budapest stock index - more sensitive to political uncertainty - fell 1.5 percent by 1015 GMT, while most other European stock markets were little changed.If Fidesz holds onto power, the risks to Hungarian assets remain unchanged and may resurface in investors' psyches in the weeks after ...
European stock markets advance at open LONDON: Europe's main stock markets rose at the start of trading on Friday, with London's benchmark FTSE 100 index up 0.27 percent at 6,666.91 points.The Paris CAC 40 index gained 0.23 percent to 4,459.39 points and Frankfurt's DAX 30 rose 0.14 percent to 9,641.96 compared with Thursday's closing values.Copyright AFP (Agence France-Presse), 2014 ...
European stocks, euro dip before ECB meeting LONDON: Europe's main stock markets dipped in cautious trading on Thursday ahead of the European Central Bank's latest monetary policy meeting and on the eve of US jobs data.Frankfurt's DAX 30 inched down 0.07 percent to 9,616.43 points and the CAC 40 in Paris fell by the same percentage to reach 4,427.74 points in midday deals. London's FTSE 100 index slipped 0.09 percent in value to stand at 6,653.26 compared with Wednesday's closing values."Traders are ...


Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,417.53 0.01
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58

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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