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London stocks firm amid European holiday LONDON: Britain's stock market edged ahead Friday in subdued deals with the majority of Europe shut for the May Day holiday long weekend.In afternoon trade, London's benchmark FTSE 100 added 0.18 percent to 6,972.94 points.On Thursday, Frankfurt's DAX 30 index gained 0.19 percent to 11,454.38 points while the Paris CAC 40 rose 0.14 percent at 5,046.49 points.Both key eurozone markets will reopen on Monday, when London will have a holiday closure."May Day bank holidays in mainland Europe leave the FTSE feeling lonely," said analyst Alastair McCaig at trading firm IG.European stocks had posted gains Thursday, rebounding from the previous day's losses following news of surprisingly weak first-quarter US economic growth data."Trading volumes may be lower today as a result of the bank holiday in much of Europe," added Oanda analyst Craig Erlam.Across the Atlantic, Wall Street opened on a positive note. The Dow Jones Industrial Average gained 0.66 percent, the ...

Emerging market stocks snap four-week winning streak LONDON: Emerging market stocks snapped a four-week winning streak to end the week in the red, while many currencies strengthened on Friday against the dollar. The MSCI emerging equity index was marginally weaker on the day and was set to chalk up the steepest weekly losses since mid-March, down more than 1 percent. That was after weak corporate earnings dented sentiment on Wall Street and data showed China's manufacturing sector barely grew in April. There ...
UK's FTSE edges higher, Lloyds rallies after results LONDON: Britain's top equity index edged higher on Friday, with Lloyds surging after reporting profits at the top end of analysts' forecasts and miners advancing on expectations of further stimulus in China, the world's top metals consumer. But gains were limited as election jitters and higher bond yields put pressure on sectors such as utilities and property. Lloyds shares rose 6.7 percent after Britain's biggest retail bank reported an underlying pretax profit of 2.2 billion ...
European equities rise as eurozone exits deflation LONDON: European stocks posted gains Thursday as the euro hit a nine-week dollar high on weak US data that dimmed the chances of a Federal Reserve interest rate hike in early summer.Markets had fallen sharply the previous day on news that the world's biggest economy grew by just 0.2 percent in the first quarter, well below the one percent rate anticipated by analysts.But on Thursday, European equities were given a lift by eurozone data showing ...
European shares post first monthly fall of 2015 after Nokia drop LONDON: A selloff in technology stocks, after disappointing numbers from Nokia, weighed on European shares on Thursday as a pan-European benchmark index marked its first monthly fall this year.However, most national euro zone indexes were in positive territory after data showed deflation had ended, persuading investors that monetary easing by the European Central Bank was having an effect.Shares in Finland's Nokia plunged 10.7 percent after it posted quarterly profits well below forecast at its main ...
Britain's FTSE ends higher, Royal Mail supports LONDON: Britain's top equity index closed slightly higher after setting a three-week low on Thursday, with Royal Mail gaining on the prospect of lower competition and energy shares tracking a rise in oil prices.Royal Mail led the blue-chip FTSE 100 index, with the company's shares rising 5.3 percent after Dutch rival PostNL abandoned talks with LDC on plans to expand PostNL's 'Whistl' unit in Britain.Among top sectoral gainers, the UK Oil and Gas index rose ...
European shares set for 2015's first monthly fall after Nokia drop LONDON: A selloff in technology stocks weighed on European shares on Thursday after disappointing numbers from Nokia, leaving a top pan-European equity index set for its first monthly fall this year.However, most national euro zone indexes were in positive territory after data showed deflation had ended, persuading investors that easing by the European Central Bank was having an effect.Shares in Finnish firm Nokia fell 8.5 percent after it posted quarterly profits well below forecast at ...

 



 
Index Closing Chg%
Arrow DJIA 18,232.02 0.29
Arrow Nasdaq 5,089.36 0.03
Arrow S&P 2,126.06 0.22
Arrow FTSE 7,031.72 0.05
Arrow DAX 11,815.01 0.42
Arrow CAC-40 5,142.89 0.07
Arrow Nikkei 20,264.41 0.30
Arrow H.Seng 27,992.83 1.70
Arrow Sensex 27,957.50 0.53





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln