Indian stocks rise to 11-month peak on election

Source: Reuters
Indian stocks surged on Friday session with the benchmark index rising towards the highest level all-time as the local currency advanced to the strongest level in a eleven-month period versus the U.S. Dollar after the country showed results from government election. The BSE Stock Index added 6.1% to 25,375.63, whereas the Rupee gained to 68.62 per U.S. Dollar.

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Fri, 16 May 2014 14:37:38 GMT

U.K. stocks swing between gains and losses after housing starts

U.K. shares fluctuated on Friday trading session after falling yesterday as the Eurozone's gross domestic product advanced by less than initially estimated and as the U.S. housing starts increased in the month of May. The London's FTSE 100 Index slipped as much as 3.8 points, or less than 0.1%, to 6,837.12 by 1:57 p.m. in London.

Fri, 16 May 2014 14:49:03 GMT

Euro weakens to 3-month low versus Yen

The European currency slipped on Friday trading session falling slightly against the U.S. Dollar today after recording the weakest level since February on unfavourable data from the Europe. The Euro lost as much as 0.1% to $1.3695 following a fall to $1.3648 yesterday, while it was down 0.3% at 138.85 yen after trading near 138.77, the least in 3 months.

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