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Nigeria stocks up 34pc in 2012 LAGOS: Nigerian stocks rose to a 32-month high on Monday, ending the year up 34 percent in the index's best performance since 2007, led by growth in the consumer goods and banking sectors which is expected to continue next year.   Africa's second biggest economy and top oil producer is growing in popularity as an investment destination, offering the promise of high economic growth and a consumer market of 160 million people.   Its sovereign debt has soared since JP Morgan added it to its emerging market bond index this year.   "With continued interest in financials and consumer goods, we expect the market to extend gains into the New Year," analysts at Vetiva Capital, said in a note, adding that banks will lead the charge in 2013.   Nigeria's naira currency closed flat at 156.20 to the US dollar but gained 1.8 percent over the year, supported by forex inflows from foreign investment into the local debt ...

South Africa stocks up 22pc in 2012 on retail surge  JOHANNESBURG: South African stocks ended the year near record highs on Monday, after a 22 percent surge that marks their best annual return since 2009, lifted by a runaway performance from the booming retailing industry.   Equities in Africa's biggest economy have confounded market watchers this year, as shares largely shrugged off lacklustre economic growth and three months of crippling strikes in the crucial mining sector that sparked credit downgrades.   "It surprised everybody. If you look back at ...
Egypt Citadel Capital says Q3 net loss narrows CAIRO: Egyptian private equity firm Citadel Capital said on Sunday its consolidated third-quarter net loss narrowed by 13.4 percent from a year earlier to $22 million.   The firm, which focuses on the Middle East and Africa, said in a statement that it will target sectors such as energy, transportation, agriculture and food industries.   Center>Copyright Reuters, 2012 ...
South Africa JOHANNESBURG: South African stocks hit fresh lifetime highs on Wednesday as demand for riskier assets were lifted by expectations of a more aggressive monetary stimulus coming out of Japan and US progress in resolving its "fiscal cliff" budget crisis.   The All-Share index climbed 0.21 percent to 38,963.24, the highest level in the bourse's 17-year history.   The blue-chip index was 0.23 percent higher at 34,541.47. Copyright Reuters, 2012 ...
South Africa stocks book record close, Exxaro up  JOHANNESBURG: South African stocks booked another record close on Tuesday, rising 0.5 percent as investors piled into mining companies such as Exxaro Resources, which have underperformed this year.   The benchmark Top-40 index finished up 0.55 percent at 34,464.75, its highest finish on record.   The broader All-share index rose 0.53 percent to 38,879.70, also a record finish.   Copyright Reuters, 2012** ...
South African stocks ended with little changed JOHANNESBURG: South African stocks ended a see-saw session little changed on Friday as investors refrained from making aggressive bets ahead of the long holiday weekend amid lack of progress in the United States to avert a looming fiscal crisis.   Signs of a deepening recession in the euro zone in the form of bleak German manufacturing data also gave players pause for caution after pushing the domestic stock market to three successive record highs this week.   South African markets will ...
South Africa JOHANNESBURG: South Africa's rand firmed against the dollar on Friday, supported by a stronger euro, although a looming African National Congress (ANC) leadership election next week is keeping investors uneasy about holding the rand.   By 0654 GMT the rand was at 8.6460 to the greenback, firmer than Thursday's New York close of 8.6600.   Market analysts expect the rand to remain range bound between 8.60 and 8.70 amid relatively thin pre-Christmas trade.   "For now we're expecting rand to remain ...


Index Closing Chg%
Arrow DJIA 16,514.37 0.40
Arrow Nasdaq 4,161.46 0.97
Arrow S&P 1,815.69 0.95
Arrow FTSE 6,681.76 0.85
Arrow DAX 9,600.09 2.02
Arrow CAC-40 4,484.21 1.18
Arrow Nikkei 14,388.77 0.85
Arrow H.Seng 23,003.64 0.79
Arrow Sensex 22,758.37 0.03

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln