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European shares touch three-month high as Sodexo surges MILAN: European shares rose to three-month highs on Thursday, helped by food and facilities group Sodexo rallying after a solid update and a share buyback announcement.The market was also helped by indications from the U.S. Federal Reserve that the U.S. economy was strong enough to cope with an interest rate hike.Expecations of more monetary support from the European Central Bank (ECB) next month added to that."Sentiment is positive thanks to signs of solid economic growth with the U.S. economy nearing full employment," Alessandro Allegri, Ambrosetti Asset Management CEO, said."In Europe and Japan, central banks are carrying on with easy monetary policy to support growth and this plays in favour of stock markets."The pan-European FTSEurofirst 300 index rose 1 percent, while the euro zone's blue-chip Euro STOXX 50 index advanced 1.1 percent.Sodexo jumped 10.4 percent, its biggest one-day gain since July 2004, after saying it would cut costs further to cope ...

European stock markets rebound at open LONDON: Europe's main stock markets rebounded at the start of trading on Thursday, with London's benchmark FTSE 100 index up 0.6 percent to 6,313.77 points.In the eurozone, Frankfurt's DAX 30 advanced by 0.9 percent to 11,061.88 points and the Paris CAC 40 won 0.8 percent to open at 4,943.90 compared with Wednesday's close.Heightened security fears in the wake of the Paris terror attacks and caution ahead of an update from the Federal Reserve had pushed ...
Terror fears hurt European stocks before Fed update LONDON: Heightened security fears in the wake of the Paris terror attacks and caution ahead of an update from the Federal Reserve weighed on European stock markets Wednesday.Markets were feeling the "fear factor" once more after European indices had surged Tuesday, said Michael Hewson, chief market analyst at traders CMC Markets UK.A woman blew herself up and a suspected jihadist was killed during a huge police assault in Paris Wednesday targeting the suspected mastermind of ...
European shares fall as Air Liquide loses steam LONDON: European shares fell on Wednesday, retreating from solid gains made in the previous session, with industrial gas company Air Liquide slipping after announcing an expensive-looking acquisition.There appeared to be limited market reaction to news that French authorities had killed two suspects after last week's attacks in Paris, which killed more than 120 people. Some European travel and leisure stocks lost ground but they were in line with the overall European market.The pan-European FTSEurofirst 300 ...
Security jitters drive European investors back to safe havens LONDON: European investors edged back into safer assets on Wednesday as a shootout between French police and militants suspected of involvements in the Paris attacks kept the market focused on international security issues.Stocks fell and core bonds rose, but the scale of the moves reflected caution rather than significant concern, economists said.The pan-European FTSEurofirst 300 index, which had risen 2.6 percent on Tuesday, fell 0.7 percent while the euro zone's blue-chip Euro STOXX 50 index ...
Tourism-related stocks drag down Britain's FTSE index LONDON: Tourism-related stocks came under pressure in London again on Wednesday, dragging down Britain's benchmark share index, on concerns about international security after last week's attacks in Paris.Budget carrier easyJet, British-Airways owner IAG and InterContinental Hotels Group were all down by between 1 and 2 percent in early trade. They helped push the blue chip FTSE 100 index, down 0.6 percent to 6,234.12 points by 0922 GMT.The FTSE had rallied 2 percent on Tuesday but ...
Falling US inventories boost oil prices LONDON: Oil rose on Wednesday on reports of falling stockpiles and rising refinery activity in the United States, but analysts said a global supply glut would keep prices under pressure.Brent crude futures were up $1.06 at $44.63 per barrel by 1027 GMT after settling 99 cents lower the day before. U.S. crude futures were up 75 cents at $41.42 a barrel.The American Petroleum Institute (API), an industry group, said on Tuesday that U.S. crude stockpiles ...


Index Closing Chg%
Arrow DJIA 17,888.35 0.95
Arrow Nasdaq 5,156.31 0.93
Arrow S&P 2,102.63 1.07
Arrow FTSE 6,395.65 0.62
Arrow DAX 11,261.24 1.06
Arrow CAC-40 4,914.53 0.87
Arrow Nikkei 20,012.40 1.34
Arrow H.Seng 22,381.35 1.75
Arrow Sensex 26,169.41 0.09

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
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WeeklyNovember 30, 2015
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