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Britain FTSE 100 edges lower as Tesco's woes mount LONDON: Britain's top equity index edged lower in late trading on Thursday, with a slump in the share prices of supermarket operator Tesco and consumer goods group Unilever hurting sentiment. Unilever fell 3.3 percent after reporting a weaker-than-expected 2.1 percent rise in third-quarter sales on a slowdown in emerging markets. The blue-chip FTSE 100 index, which has recovered slightly after hitting 15-month lows last week, was down 0.2 percent at 6,386.79 points by 1354 GMT. The index has fallen around 6 percent since the start of 2014. Tesco was the worst-performing FTSE 100 stock, down 7.7 percent, after reporting a bigger than expected hole in its accounts. It found that mistakes in booking income had gone back further than initially thought, forcing it to scrap its full-year profit outlook. The stock has fallen around 50 percent this year. "The lack of any strategy announcement is disappointing," Brewin Dolphin analyst Nik ...

Earnings weigh on European shares as companies hit by global exposure EDINBURGH: European stocks fell on Thursday, hindered by weak corporate results from companies including French tyre-maker Michelin, despite receiving support from better-than-expected euro zone business activity data. Michelin and Unilever cited poor demand from emerging markets as the former cut its full-year revenue goal and the latter reported weaker-than-expected quarterly sales. Unilever's London-listed shares were down 2.4 percent. ""I think there still is going to be earnings growth, but there is some evidence that international ...
German survey props up European shares LONDON: Stock markets in Europe recovered from a poor start on Thursday after a batch of more optimistic than expected surveys of German and euro zone purchasing managers leavened an otherwise shaky mood.Asian markets had drifted lower overnight, unimpressed by a similar survey out of China, which was marginally above forecast but still showed the world's second largest economy slowing further at the start of the fourth quarter.Concerns over growth, banks and a beckoning era ...
Slumps at Tesco and Unilever send UK's FTSE lower LONDON: Britain's top equity index fell on Thursday, weighed down by a slump in the share prices of supermarket operator Tesco and consumer goods group Unilever.The blue-chip FTSE 100 index, which has recovered slightly after hitting 15-month lows last week, was down by 1.1 percent at 6,333.44 points in early session trading. The index has fallen by around 6 percent since the start of 2014.Tesco was the worst-performing FTSE 100 stock in percentage terms.Tesco fell ...
European stock markets drop at open LONDON: Europe's main stock markets fell at the start of trading on Thursday, with London's benchmark FTSE 100 index down 0.80 percent to 6,348.61 points.Frankfurt's DAX 30 lost 0.74 percent to 8,873.54 points and in Paris the CAC 40 dropped 0.46 percent to 4,086.02 compared with Wednesday's closing value.Copyright AFP (Agence France-Presse), 2014 ...
Russian rouble opens flat against dollar on Thursday MOSCOW: The Russian rouble opened broadly flat on Thursday against both the dollar and the euro after declining substantially late in the previous session on a rapid slide in crude prices.At 0615 GMT, the rouble was 0.1 percent weaker at 41.45 against the dollar and at 52.45 versus the euro.This has left the currency 0.1 percent weaker at 46.40 against the euro-dollar basket the central bank uses to gauge the rouble's nominal exchange rate.Crude prices ...
European markets rise on talk of central bank action LONDON: Europe's main stock markets pushed upwards, supported by further speculation on central bank action, or delay in rate hikes, to support global economic growth.London's benchmark FTSE 100 index rose 0.25 percent to 6,388.57 points in afternoon trading, but sterling under pressure, after minutes from the latest Bank of England meeting showed no rush to raise interest rates.The CAC 40 in Paris climbed 0.48 percent to 4,100.88 points and Frankfurt's DAX 30 rose 0.50 percent ...


Index Closing Chg%
Arrow DJIA 17,390.52 1.13
Arrow Nasdaq 4,630.74 1.41
Arrow S&P 2,018.05 1.17
Arrow FTSE 6,546.47 1.28
Arrow DAX 9,326.87 2.33
Arrow CAC-40 4,233.09 2.22
Arrow Nikkei 16,413.76 4.83
Arrow H.Seng 23,998.06 1.25
Arrow Sensex 27,865.83 1.90

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln