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European stock markets fall at open LONDON: Europe's main stock markets fell further at the start of trading on Friday after heavy slides the previous day caused by lingering concerns over China and following poor company earnings.Equities are being weighed down by a slump in commodity prices caused largely by weaker Chinese demand and by increased expectations of a long-awaited US rate hike in December.London's benchmark FTSE 100 index dropped 0.32 percent to open at 6,158.93 points compared with Thursday's close.In the eurozone, Frankfurt's DAX 30 index slipped 0.17 percent to 10,764.57 points and the Paris CAC 40 lost 0.43 percent to 4,835.69.The FTSE and CAC both ended Thursday's sessions with losses of almost 2.0 percent.Copyright AFP (Agence France-Presse), 2015 ...

FTSE recoils as Rolls Royce rocked by profit warning LONDON: Britain's top equity index was pulled lower on Thursday by engine maker Rolls-Royce, and supermarket operator Sainsbury fell further after posting lower profits a day earlier.Rolls-Royce dropped 19.6 percent to 525.7 pence, its biggest daily loss in 15 years, after issuing its fourth profit warning in just over a year. It also said it might cut its dividend because of weaker demand for spares and service for existing aero-engines.The company's warning pushed investors towards ...
European shares post biggest fall since September LONDON: A top European stock index posted its biggest fall in six weeks on Thursday, as weakness in U.S. equities and commodity prices combined with poor earnings updates to drag shares lower.The pan-European FTSEurofirst 300 index was down 1.6 percent at 1,470.05 points by the close, posting its biggest daily decline since Sept. 28.The index weakened with Wall Street after jobs data supported the view that the U.S. Federal Reserve could raise rates in December.Weaker-than-expected ...
Rolls-Royce shares nosedive on latest profit warning LONDON: A grim profits warning from Rolls-Royce sent the British engine maker's shares crashing by a fifth on Thursday, as a raft of disappointing earnings rocked European equities with Wall Street catching the gloomy mood.The company's share price slumped 19.57 percent to 536.50 pence at the close in London after Rolls delivered its fourth profits warning in a year, helping the FTSE-100 index to shed 1.88 percent over the session.Rolls-Royce said 2016 profits would take ...
European shares headed for biggest fall since September LONDON: A top European stock index looked set for its biggest fall in six weeks on Thursday, as weakness in US equities and commodity prices combined with poor earnings updates to drag shares lower. The pan-European FTSEurofirst 300 index was down 1.8 percent at 1,466.93 points by 1505 GMT, heading for its biggest daily decline since Sept. 28. The index weakened after Wall Street fell on the back of jobs data that supported the view ...
European shares partly recover on Draghi comments LONDON: European shares partly recovered on Thursday after European Central Bank President Mario Draghi said indications that inflation will recover are weakening and it will have another look at its monetary policy when its council meets in December. In a prepared speech due to be delivered on Thursday, Draghi the bank would closely monitor the risks to price stability and assess the strength and persistence of the factors that were slowing the return of inflation ...
Draghi stimulus hint underpins stocks, knocks euro LONDON: A signal from European Central Bank president Mario Draghi that further policy easing is coming next month drove European markets on Thursday, sparking a brief rebound in stocks and pushing the euro and bond yields lower. In an address to the European Parliament Draghi said inflation dynamics had somewhat weakened and that a "sustained normalisation" of inflation could take longer to achieve than thought. "At our December monetary policy meeting, we will re-examine the ...


Index Closing Chg%
Arrow DJIA 17,798.49 0.08
Arrow Nasdaq 5,127.52 0.22
Arrow S&P 2,090.11 0.06
Arrow FTSE 6,375.15 0.28
Arrow DAX 11,293.76 0.24
Arrow CAC-40 4,930.14 0.32
Arrow Nikkei 19,883.94 0.30
Arrow H.Seng 22,068.32 1.87
Arrow Sensex 26,128.20 0.65

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln