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China deal sends shares to 1-month high, rouble surges LONDON: A landmark deal to give global investors easier access to China's $3.9 trillion stock market lifted world shares to their highest in over a month on Monday, as tensions in Libya and Ukraine pushed up oil prices.Chinese shares jumped 2.5 percent and Hong Kong's Hang Seng index climbed almost 1 percent after the two exchanges announced a November 17 start date for their long-awaited tie-up..European markets also got off to positive start amid more M&A activity and encouraging results from brewer Carlsberg , pushing the 45-country MSCI All World index, to its highest since late September.In the currency market, the dollar made a poor start to the week, with some traders still using mixed U.S. jobs numbers on Friday to lock in recent gains. The Swiss franc was also in focus as it nudged the Swiss National Bank's 1.20 ceiling against the under-pressure euro."The dollar has had a good ...

Turkish markets extend gains; benign US rates outlook still in focus ISTANBUL: Turkish markets extended gains on Monday, with U.S. jobs data that signalled no major shift in the Federal Reserve's policy outlook continuing to dominate trade, overshadowing domestic industrial output figures.Friday data showing jobs in the world's biggest economy grew at a steady clip, though less than expected, in October, underscored economic resilience in the face of slowing global demand while suggesting little need for the Fed to hurry to start lifting interest rates.Turkey is ...
Emerging stocks lifted by China tie-up, rouble relief LONDON: Emerging stocks gained for the first time in 10 days on Monday, buoyed by confirmation of China's impending tie-up of its two main bourses and Russia's rouble strengthening after supportive comments from President Vladimir Putin.Hong Kong and Shanghai will link their stock exchanges on Nov. 17, creating the world's third-largest equity market and giving foreigners unprecedented access to China's $3.9 trillion stock market.The news boosted China's stock markets with Shanghai's blue-chip index and composite ...
Brent climbs towards $85 on Libya disruptions, weaker dollar LONDON: Brent crude rose by $1 towards $85 a barrel on Monday, climbing for a second straight session as protests in Libya disrupted supply and the U.S. dollar fell away from four-year highs.Exports at the Hariga oil port in eastern Libya were halted on Saturday when state security guards began a sit-in protest over unpaid wages.The El Feel oil field in the south-west, also known as the Elephant field, was shut down on Sunday due ...
European stocks close mixed LONDON: Europe's main stock markets closed mixed on Friday, with London's benchmark FTSE 100 index adding 0.25 percent to end the day at 6,567.24 points. The Paris CAC 40 dropped 0.89 percent to 4,189.89 points, while in Frankfurt the DAX 30 fell 0.91 percent to 9,291.83.Copyright AFP (Agence France-Presse), 2014 ...
Mixed US jobs report leaves markets flat LONDON: European shares slipped while Wall Street looked set to open marginally higher after a monthly US non-farm payrolls report showed job creation solidly above 200,000 in October but shy of the 230-240,000 forecast by analysts. After a choppy run into the jobs numbers, the FTSE index of leading European shares was marginally lower, hit by losses for banking stocks that included an almost 4-percent fall for French lender Credit Agricole. Futures showed both the ...
European stocks diverge before US jobs report LONDON: European stock markets diverged on Friday and the euro recovered ground against the dollar after a strong week for the US currency as attention turned to upcoming American jobs data.London's benchmark FTSE 100 index climbed 0.59 percent to stand at 6,589.64 points, with support coming from rebounding miners that offset falls for banks.Elsewhere in early afternoon deals, Frankfurt's DAX 30 was down 0.22 percent at 9,356.41 points and the CAC 40 in Paris lost ...


Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95

Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln