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Shanghai rout takes EM index back to red for 2015 LONDON: Contagion from China's equity rout engulfed emerging markets on Wednesday, particularly in Asia, hitting currencies and driving the main emerging equity benchmark into the red for the year. Also weighing on European emerging markets was the threat of a Greek euro exit, with a possible collapse of Greece's banks seen taking a toll on Balkan and other regional economies. Chinese mainland shares fell 6-7 percent to four-month lows, shrugging off the government's supportive measures.Futures index products for July delivery slumped by their 10 percent daily limit, meaning investors are extremely bearish on all type of stocks. The impact rippled across broader emerging and commodity markets, with copper prices near six-year lows on China growth worries while Hong Kong stocks lost 8 percent for their biggest one-day loss since 2008. Korean, Taiwanese and Indian markets fell 1.2 to 3 percent. MSCI's emerging equity index tumbled 3 percent, its biggest one-day ...

EM stocks fall to lowest since January as China totters LONDON: Emerging market stocks fell for a fifth straight day on Tuesday, reaching a six-month low, as China's troubled bourses continued to slide. The latest drop for MSCI's EM share index followed its biggest fall in two years on Monday. The slump has wiped more than 12 percent off its value since April. An expected rise in US interest rates and Europe's worries about Greece helped cause the selloff. But a 30 percent plunge by ...
European stocks climb at open LONDON: Europe's main stock markets rose slightly at the start of trading on Tuesday after heavy losses the previous day.Frankfurt's DAX 30 gained 0.36 percent to 10,930.02 points compared with Monday's close.The CAC 40 in Paris edged up 0.02 percent to 4,712.63 points and London's FTSE 100 index rose 0.10 percent to 6,542.57.Indices had slumped on Monday, with Paris shedding 2.0 percent in value, after Greece rejected creditors' austerity demands in a weekend referendum and ...
Euro zone shares sink after Greeks vote 'No' LONDON: The euro zone's blue-chip share index fell 1.7 percent on Monday after Greek voters rejected austerity measures demanded in return for a debt deal, raising concerns about the country's possible exit from the euro zone. Banks were the worst hit, with the Euro STOXX banks index down 2.1 percent. Italy's Unicredit and Intesa Sanpaolo both were down more than 3 percent. Spain's Santander, France's Societe Generale and Germany's Deutsche Bank all fell about 2.5 ...
Britain's FTSE heads for biggest weekly drop in a month LONDON: Britain's blue-chip share index headed for its biggest weekly drop in a month on Friday, with miners slipping on a slowdown in China and banks falling after Brazil said it was probing some global lenders' currency market activity. The FTSE 100 was down 0.4 percent at 6,603.64 points by 1117 GMT and hardly moved on data showing Britain's services sector grew more than expected last month. The index has fallen nearly 2 percent so ...
European stock markets close mixed LONDON: Europe's main stock markets were mixed at Thursday's close amid tepid US jobs data, and ahead of Greece's weekend referendum on its bailout.London's FTSE 100 index ended the day up 0.33 percent to 6,630.47 points compared with Wednesday's close, buoyed in part by oil giant BP's 4.47 percent jump on news it agreed to settle US federal and state claims worth up to $18.7 billion (16.9 billion euros) over the 2010 Gulf of Mexico ...
European stock markets stable before US jobs data LONDON: Europe's main stock markets steadied on Thursday as attention turned to US jobs data ahead of Greece's weekend referendum on it bailout.Frankfurt's DAX 30 dipped 0.06 percent to 11,173.89 points and in Paris the CAC 40 lost 0.10 percent in value to stand at 4,878.37 in midday deals.Outside the eurozone, London's FTSE 100 index edged up 0.15 percent to 6,618.56 points compared with Wednesday's close.In a volatile week's trading, European stock markets rebounded on ...

 



 
Index Closing Chg%
Arrow DJIA 17,550.69 0.27
Arrow Nasdaq 5,105.55 0.19
Arrow S&P 2,093.32 0.22
Arrow FTSE 6,686.57 0.03
Arrow DAX 11,456.07 0.11
Arrow CAC-40 5,112.14 0.16
Arrow Nikkei 20,520.36 0.14
Arrow H.Seng 24,406.12 0.02
Arrow Sensex 28,071.93 0.41





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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-July
Trade Balance $-22.095 bln
Exports $23.885 bln
Imports $45.980 bln
WeeklyAugust 03, 2015
Reserves $18.536 bln