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European shares slide as global economic outlook darkens LONDON: European stock markets dropped on Monday, extending last week's losing streak, as concerns about faltering global economic growth hit equities across the world.The pan-European FTSEurofirst 300 index, which had already fallen for the last four sessions, was down by 0.6 percent at 1,285.31 points.Germany's DAX also fell to a new one-year low as it declined 0.6 percent, while the euro zone's blue-chip Euro STOXX 50 index retreated 0.5 percent to 2,977.65 points.European stock markets have been impacted by a raft of weak economic data, and on Friday credit rating agency Standard & Poor's lowered its outlook on France to "negative" from "stable".On Monday, data showed that German wholesale prices had dropped 0.9 percent year-on-year in September, further highlighting the disinflationary pressures besetting the euro zone's economic bloc."We're still looking quite poorly on the markets. The nervousness is still there. I don't think anyone will want to come running back ...

Oil stocks weigh on Britain's FTSE as Brent hits new four-year low LONDON: Britain's main share index fell for a fifth straight day on Monday, weighed down by energy stocks as investors continued to cut their exposure to assets relying on global economic growth.Energy shares knocked most points off the FTSE 100 as Brent crude hit a fresh four-year low. Worries about weakening demand were coumpounded by prospects of ample supply from Saudi Arabia and Kuwait.Shares in oil major Royal Dutch Shell fell more than 1 percent.A ...
Growth concerns push Britain's FTSE to one-year low LONDON: Britain's top share index slipped for a fourth straight session to a one-year low on Friday, with concerns over the outlook for global growth prompting investors to trim exposure to cyclical stocks. Mining and energy sectors took the most points off the FTSE 100 index following a sharp decline in commodity prices, while travel and leisure shares were hit by worries about the spread of Ebola. The UK mining index fell 3 percent and ...
Bonds retreat, Hungarian CPI is deep in the red BUDAPEST: Central European government bond yields rebounded from record lows on Friday amid worries over the global economy, after a rally set off when Poland's central bank cut its key interest rate by 50 basis points.The region's stocks mostly fell, led by 0.9 percent fall in FBucharest's main index. They joined declines in US and Asian markets, after weak German economic data on Thursday triggered concern that Europe will drag down the global economy.The forint ...
Emerging stocks set for 4th week in red; rouble hits new low LONDON: Emerging stocks and currencies resumed their slide on Friday, pummelled by a dollar bounce and plunging oil prices, with Russia's central bank again dipping into its reserves to lift the rouble off record lows. MSCI's emerging equity index lost around 1 percent as key Asian markets such as Hong Kong's Hang Seng dropped nearly 1.9 percent. The index was set for its fourth straight week in the red. Much of the slide was sparked ...
Lisbon stock index drops, pulled down by Portugal Telecom LISBON: The Lisbon stock market fell by more than 3.0 percent in morning trading on Friday, pulled down by a plunge of shares in Portugal Telecom, reflecting uncertainty about the company's future.The Lisbon PSI stock index was showing a fall of 3.14 percent to 5,111.64 points, the lowest level for more than two years.The price of shares in Portugal Telecom dropped 9.82 percent to 1.28 euros.Shares in the company had plunged 12.92 percent on Thursday, ...
Russian stocks and rouble rally after interventions, Fed boost MOSCOW: Russian stocks rebounded on Thursday and the rouble rose against the dollar, helped by easing concerns about how fast the U.S. Fed will move to raise rates and propped up by central bank intervention.The rouble has stabilised after the central bank spent around $3 billion in recent days on supporting the currency, in line with a policy of keeping it within a floating band against a dollar-euro basket.The rouble has been under pressure from ...

 



 
Index Closing Chg%
Arrow DJIA 16,614.81 1.31
Arrow Nasdaq 4,419.48 2.40
Arrow S&P 1,941.28 1.96
Arrow FTSE 6,372.33 1.68
Arrow DAX 8,886.96 1.94
Arrow CAC-40 4,081.24 2.25
Arrow Nikkei 14,804.28 2.03
Arrow H.Seng 23,088.58 0.08
Arrow Sensex 26,575.65 0.55





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln