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South African shares knocked off record perch as mining sector dips JOHANNESBURG: South African shares ended in the red on Tuesday after hitting an all-time high during the day when stocks in mining companies tumbled on weaker metal prices.Shares in Africa's biggest bullion producer Anglogold Ashanti fell the most, slipping 4.54 percent to 138.30 rand as the spot price of gold fell 2.1 percent, its lowest level since Jan. 8.Gold and silver hit a one-month low on signs that Greek banks will continue to get emergency funding despite a breakdown in debt talks between their government and euro-zone partners."The market edged lower after manufacturing numbers came out of the U.S. We haven't had a lot of data this week, so manufacturing numbers in the U.S will move things," said Gary Booysen, head of trading at Vunani Private Clients.Manufacturing activity growth in New York State slipped in February, with the general business conditions index falling to 7.78 from January's reading of 9.95.The ...

Gulf markets consolidate; Egypt extends loss DUBAI: Gulf stock markets consolidated on Tuesday after seesawing in line with oil prices over the last few days, while Egypt pulled back further, having previously outperformed most markets in the Middle East. Brent crude traded near $62 per barrel on Tuesday as the International Energy Agency warned of supply risks in the Middle East, although some analysts said that prices had risen too far from six-year lows hit in January. The main Saudi stock ...
Saudi Arabia gains as oil firms; Egypt slips DUBAI: Saudi Arabia's stock market rose in early trade on Tuesday as oil prices resumed their rally, while Egypt edged down after major industrial player Ezz Steel reported disappointing earnings.Brent crude traded near $62 per barrel on Tuesday as the International Energy Agency warned of supply risks in the Middle East, although some analysts said that prices had risen too far from six-year lows hit in January.The main Saudi stock index rose 0.9 percent, partly ...
Gulf markets may consolidate, background mixed DUBAI: Gulf stock markets may consolidate on Tuesday against a mixed global background after seesawing in line with oil prices in the last few sessions.Oil edged up in Asian trade on Tuesday, but some analysts warned prices had risen too far and could face a downward correction.Meanwhile, Asian share markets slipped as talks between Greece and euro zone finance ministers broke down after Athens rejected a proposal to request a six-month extension of its international ...
Gulf markets retreat on oil, Q4 results and dividends DUBAI: Dubai and Egypt fell on Monday ahead of a new dual listing on both markets by Orascom Construction and other Gulf stock exchanges were also weak after an oil rally stuttered. Brent crude, which surged at the end of last week, was nearly flat by 1000 GMT when most Gulf markets closed, with an oversupply continuing to weigh on the market despite data showing Japan had pulled out of recession. But crude edged up ...
Kenyan stocks rise as Kenya Power shines, shilling flat NAIROBI: Kenya's main share index rose for a sixth straight session, with the country's sole electricity supplier Kenya Power in demand with investors betting on its growth prospects.The shilling was flat.Shares in Kenya Power rose 3.75 percent, climbing to 16.65 shillings.Agnes Achieng, research analyst at Sterling Investment Bank, said investors were attracted by the long-term prospects for the company at a time when its operating costs are falling and the price of Kenya's electricity is ...
Dubai drops as oil halts rally DUBAI: Dubai's stock market fell sharply in a broad sell-off on Monday after oil's recent rally halted and Emaar Properties, the emirate's biggest listed developer, published results that disappointed some investors. Brent crude was nearly flat by 1000 GMT after surging at the end of last week, with an oversupply continuing to weigh on the market despite data showing Japan had pulled out of recession. Although oil has little direct impact on Dubai's economy, its ...

 



 
Index Closing Chg%
Arrow DJIA 18,080.14 0.12
Arrow Nasdaq 5,092.09 0.71
Arrow S&P 2,117.69 0.23
Arrow FTSE 7,070.70 0.24
Arrow DAX 11,810.85 0.74
Arrow CAC-40 5,201.45 0.44
Arrow Nikkei 20,020.04 0.83
Arrow H.Seng 28,060.98 0.84
Arrow Sensex 27,437.94 1.07





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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
WeeklyApril 16, 2015
Reserves $16.818 bln