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European shares sink to 8-month low on growth jitters LONDON: Europe's benchmark share index slipped to an eight-month low on Tuesday on growing concerns about the pace of global growth, as a survey showed German investor morale has plunged to its lowest in almost two years.Think tank ZEW's monthly survey of German economic sentiment tumbled for a 10th straight month to -3.6, the weakest reading since November 2012, suggesting Europe's largest economy was reeling from crises abroad and a weak euro zone."The survey further confirmed the stagnation in Europe, which is building on a negative sentiment that has already been growing with previous data points. We are cautious on Europe and therefore very cautious on cyclicals such as banks," said Lorne Baring, managing director of B Capital Wealth Management."Investors are pricing in continued bad data prints across Europe. But a weaker euro, QE (quantitative easing) prospects and cheap valuation of blue-chip, export-led stocks in Europe might provide a base ...

Growth fears weigh on major shares, dollar up after big slide LONDON: Deepening concern over the health of the global economy dragged shares in Europe and Japan lower on Tuesday, while the dollar rebounded from big declines the previous day.With figures showing a slump in demand growth, oil prices fell. Brent crude dropped to below $88 a barrel.Low-risk government bonds were in demand. U.S. 30-year Treasury yields fell below 3 percent for the first time since early 2013. A slide in German investor sentiment - the ...
Polish Synektik's shares rise 2pc on main market debut WARSAW: Shares in Synektik, a company selling and servicing medical equipment, rose 2 percent to 22.4 zlotys ($6.79) on Tuesday at the start of their first trading day on the main market of the Warsaw Stock Exchange.The company had previously been listed on NewConnect, the small-capitalisation market of the Warsaw Stock Exchange.Copyright Reuters, 2014 ...
European shares resume sell-off: Iliad surges PARIS: European shares fell early on Tuesday, tracking sharp losses on Wall Street and resuming their three-week sell-off, dragged by mounting concerns over the strength of the global economy.Shares in British luxury brand Burberry featured among the top losers across Europe, down 4.1 percent after warning that market conditions were becoming more difficult, partly offsetting reduced currency headwinds.Bucking the trend, shares in Iliad surged 13 percent in brisk volumes after the French low-cost telecoms operator ...
FTSE recovers from lows as Chinese data help mining shares to rise LONDON: Britain's top share index rose from a 15-month low on Monday, propelled by a rally in mining stocks, after China reported better-than-expected data on trade.The UK mining index surged 3.5 percent, the biggest one-day percentage jump in more than a year, after China said its exports rose 15 percent in September and copper imports rose nearly as much, encouraging investors that demand was holding up in the world's top metals consumer.Anglo American, Randgold Resources, ...
European shares hold steady, airlines climb as oil price slides PARIS: European stocks held steady on Monday, breaking their three-week slide as shares in airlines rebounded on cheaper oil prices that lower their operating costs.Shares in German lender Commerzbank rose 2.3 percent after sources told Reuters preliminary talks with the European Central Bank have given the bank no reason to believe its capital will fall below stress test requirements.Air France-KLM gained 1.9 percent and Lufthansa climbed 1.6 percent as Brent crude sank below $88 a ...
Stocks reverse losses but markets wary over growth LONDON: European stocks reversed early losses on Monday as airline shares gained after crude oil prices fell to near a four-year low, though broad dollar weakness and a jump in gold signalled investor concern over global economic health.Stocks opened the week on a negative note. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.5 percent.Chinese trade data eased fears of slowdown in the world's second-largest economy, showing exports grew 15.3 percent year-on-year in September ...


Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln