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Russian shares down, Rosneft falls after Yukos case report MOSCOW: Moscow assets fell on Monday on continued tensions over Ukraine and a report that shareholders in now-defunct oil producer Yukos had won a $50 billion international court case against Russia.Shares have also been battered by the European Union outline agreement on Friday to impose economic sanctions on Russia for its involvement in Ukraine.At 0625 GMT, the dollar-denominated RTS index was down 1.8 percent at 1,223.6 points, while its rouble-traded peer MICEX traded 1.1 percent lower at 1,374.4 points.Shares in Russia's top oil producer, Rosneft, were down 1.25 percent after the Kommersant daily reported a court in the Hague would rule that Moscow must pay $50 billion for expropriating Yukos assets. Most were handed to Rosneft in auctions."While the suit has been pending since 2007, any judgment will likely be read as a sort of barometer on Europe's view of Russia at present," analysts at Sberbank Investment Research said in ...

Reckitt helps keep Britain's FTSE afloat after solid update LONDON: Britain's main equity index was little changed on Monday, helped by solid results from consumer-goods company Reckitt Benckiser and strong data about Chinese corporate profits.Concern about conflict in Ukraine and the Middle East still made many investors nervous. Outflows at Aberdeen Asset Management, a fund manager focused on emerging markets, also kept gains on the FTSE 100 in check.Reckitt was the top FTSE riser, up 2.9 percent, after the maker of Durex condoms and ...
European shares dip early; Wincor sinks PARIS: European stocks reversed early gains and dipped on Monday morning, adding to the previous session's losses, with Germany's Wincor Nixdorf sinking after it slashed its sales forecast.Blaming unfavourable developments in key emerging markets, the provider of hardware and software for banks and retailers said it expects flat full year sales, sending its stock down as much as 11 percent to its lowest level in more than a year and a half.Ryanair bucked the trend, ...
Stocks mixed as EU, US threaten new sanctions on Russia BUDAPEST: Central European stocks were mixed as the European Union and the United States proposed new sanctions against Russia, keeping investors nervous.The round of sanctions may come on Tuesday and hit Russia's financial sector, which could drag down Central Europe's stock markets, said Monika Kiss, the regional equities analyst at Hungarian brokerage Equilor."The impact could come through denting sentiment as the bonds of Russian banks are in the hands of Western banks, including Swiss, rather ...
European stocks fall on weaker German confidence LONDON: Europe's stock markets dropped on Friday as a fall in German business confidence offset positive British growth data, while traders reacted to a huge tie-up of the continent's pay-TV sector.In Paris, the CAC 40 shed 1.82 percent to 4,330.55 points after poor company results following three consecutive days of gain.Frankfurt's DAX 30 index lost 1.53 percent to 9,644.01 compared with Thursday's close.London's benchmark FTSE 100 index dipped 0.44 percent to stand at 6,791.55 points ...
European stocks end down LONDON: European stock markets closed down on Friday, with Frankfurt's main DAX index falling 1.53 percent to 9,644.01 points.London's benchmark FTSE 100 index slipped 0.44 percent to 6,791.55 points, while in Paris the CAC 40 dropped 1.82 percent at 4,330.55.Copyright AFP (Agence France-Presse), 2014 ...
Shares in Hungary's MOL slip ahead of talks with Croatia BUDAPEST: Hungarian oil group MOL shares eased on Friday ahead of its talks with the Croatian government that media reports said may include a possible Croatian offer to buy back MOL's stake in sector peer INA .Stocks remain under pressure in Central Europe's troubled oil and gas sector where low refining and extraction margins and stagnating demand is likely to weigh on second-quarter earnings."I will sweat if I need to recommend something for buying in ...


Index Closing Chg%
Arrow DJIA 16,563.30 1.88
Arrow Nasdaq 4,369.77 2.09
Arrow S&P 1,930.67 2.00
Arrow FTSE 6,730.11 0.64
Arrow DAX 9,407.48 1.94
Arrow CAC-40 4,246.14 1.53
Arrow Nikkei 15,620.77 0.16
Arrow H.Seng 24,756.85 0.10
Arrow Sensex 25,894.97 0.74

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln