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South Africa JOHANNESBURG: South Africa's All-share index hit a fresh record high on Thursday after solid manufacturing data from the United States and China sparked optimism about that global growth may be recovering.   The index touched an all-time high of 37,811.23 from a previous record of 37,749.90. Copyright Reuters, 2012 ...

South Africa stocks rise, upgrades lift platinum shares  JOHANNESBURG: South African stocks rose on Monday as brokerage rating upgrades and higher commodity prices lifted shares of platinum firms Anglo American Platinum and Impala Platinum.   Shares of African Bank Investments rose 4.2 percent to 31 rand after its dividend beat market expectations.   "We are seeing resources rebounding. Some of these shares had quite a bit of a sell-off last week and got over-sold," said Ferdi Heyneke, a portfolio manager at Afrifocus Securities.   The benchmark Top-40 index closed ...
PayPal eyes double-digit share of Middle East e-commerce DUBAI: PayPal aims to double its share of Middle East and North African e-commerce within three years after enabling customers in seven of the region's countries to open accounts linked to locally issued bank cards.   The online payment pioneer owned by eBay Inc has one million customers in the Middle East and North Africa (MENA), about half of whom are in the United Arab Emirates (UAE), but they previously needed a credit or debit card issued ...
Kuwait rebounds from 8 years low DUBAI: Kuwait's market made its largest one-day gain in eight months on Monday, rebounding from an eight-year low as investor confidence improved after a political protest was less violent than investors had feared, while other Gulf bourses ended mixed.   Kuwaiti security forces fired tear gas to disperse an unauthorised demonstration on Sunday by thousands of opposition supporters. The country will hold parliamentary elections on Dec. 1.   "I doubt there will be demonstrations until the elections -that's giving ...
Kuwait hits new 8 years low DUBAI: Gulf bourses were mostly lower on Sunday with political tension weighing on Kuwait, while Saudi Arabia's measure gained in thin trade.   Kuwait's index slumped to a new eight-year closing low ahead of a major demonstration planned by the opposition later in the day. The market finished 0.1 percent lower.   The opposition said it would would press ahead with the march to protest against new voting rules, while the government warned it would not tolerate unsanctioned demonstrations.   Some ...
Rwanda KIGALI: Rwanda's national carrier plans to more than double its aircraft fleet in the next five years, and to list on the country's stock exchange once it turns profitable, a senior company executive said.   At present Rwandair has a fleet of seven aircraft. It plans to increase this to 17 planes over the next five years, which would allow the airline to expand its route network to Europe, China and India, Chief Executive Officer John Mirenge ...
Dubai Financial Market Co says third quarter loss narrows DUBAI: Dubai Financial Market Co's third-quarter net loss narrowed to 1.7 million dirhams ($463,000) from 9.3 million in the same period last year, the company said on Saturday, citing increased trading activity.   The publicly owned company, which runs securities trading in Dubai, said its third-quarter revenue grew to 36.8 million dirhams, compared to 31.7 million dirhams a year ago in an emailed statement.   Its net profits for the first nine months of 2012 more than quadrupled to ...


Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,516.27 0.68
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58

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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