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European markets surge after 'Black Monday' losses PARIS: European stock markets roared back into the black Tuesday, with most indices regaining much of the steep losses suffered the previous session on fears of economic slowdown in China.In trading around 1130 GMT, London's FTSE 100 index was up 3.53 percent, the CAC 40 in Paris rose 4.58 percent and the DAX 30 in Frankfurt climbed 4.28 percent. The trio had closed 4.67, 4.7 and 5.35 percent lower respectively on Monday amid a global stock sell-off that wiped billions of dollars from equity markets, as traders panicked over signs of unexpectedly fast economic slowing in China.Other emphatic rebounds in Europe Tuesday included rises in Milan of 4.54 percent, 4.64 percent in Amsterdam, 4.36 percent in Lisbon and the Athens market clawing 7.09 percent back from the 10.54 percent it lost during the previous "Black Monday" session."'Turnaround Tuesday' continued this morning, with nervy investors pouring back into the European indices ...

China rate cut give stocks biggest boost in two years LONDON: Emerging markets stocks saw their biggest rise in two years on Tuesday after a rate cut from China to try to stabilise its troubled markets sent investors on a buying spree after seven days of back-to-back falls. MSCI's benchmark EM stocks index recovered almost half of the 5 percent it had lost on Monday when worries about China's economic health had sent global markets into a panic. The out-of-hours move by China's central bank ...
Moscow stock exchange rebounds by 2.25pc after plunge MOSCOW: Russia's stock market bounced back Tuesday morning by 2.25 percent after plummeting by nearly five percent the previous session.Moscow's dollar-denominated RTS index was up by 2.25 percent at 0700 GMT, while the ruble-denominated Micex index had gained 0.68 percent.Russia's battered currency reached its lowest value this year on Monday as the euro passed the symbolic 80 ruble mark for the first time since December.The ruble also dropped to more than 70 to the dollar ...
Athens stock market rises over 5pc after Monday's rout ATHENS: The Athens stock market posted gains of over five percent on Tuesday morning after a more than 10 percent drop the previous day during the ferocious global stock rout.During mid-morning trading, the Athex Composite surged 5.31 percent after plunging 10.54 percent amid "Black Monday" turmoil across global markets panicking over feared economic slowdown in China. Among other European bourses rebounding Tuesday, Paris gained 3.15 percent, Lisbon rose 3.13 percent, Milan increased 3.43, Madrid gained ...
Global stocks plunge further on China woes LONDON: Global stock markets plunged and commodity prices hit new lows Monday extending a Chinese-led rout, fed by fears of a damaging slowdown in the world's second-largest economy.Chinese stocks have tumbled since peaking in mid-June and authorities have launched broad interventions to try to restrain the drops, but Beijing's latest market intervention has failed to restore confidence.Several European markets sank more than seven percent in afternoon trades, while US stocks slumped at the open with ...
Greek stocks plunge more than 10 percent ATHENS: Greek stocks plunged more than 10 percent on Monday, succumbing to a Chinese-led rout on global markets and domestic political uncertainty ahead of likely elections next month.The ATHEX exchange closed with a 10.54-percent loss, falling to 568.38 points -- a three-year low. About a half hour before the close, it was down 11.3 percent.Politics have dampened market sentiment as a new eurosceptic party set up by rebels from the ruling Syriza party was given ...
European stocks lose more than 400bn euros in value after China rout LONDON: European stocks slumped on Monday following a rout in Chinese markets, wiping hundreds of billions of euros off leading shares and sending one benchmark index to a seven-month low. The pan-European FTSEurofirst 300 was down 5.1 percent to 1,354.98 points by the middle of the trading session, wiping off more than 400 billion euros ($460 billion) from the index's total market capitalisation. The FTSEurofirst was on course for its worst one-day percentage fall since ...

 



 
Index Closing Chg%
Arrow DJIA 16,643.01 0.07
Arrow Nasdaq 4,828.32 0.32
Arrow S&P 1,988.87 0.06
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,298.53 0.17
Arrow CAC-40 4,675.13 0.36
Arrow Nikkei 19,136.32 3.03
Arrow H.Seng 21,612.39 1.04
Arrow Sensex 26,392.38 0.61





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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln