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London Stock Exchange full-year profit driven by most IPOs since 2007

(Reuters) - London Stock Exchange Group Plc reported a 19 percent jump in adjusted full-year pretax profit, helped by a flurry of stock market listings last year, its busiest for initial public offerings in seven years. The 214-year old bourse said adjusted pretax profit rose to 491.7 million pounds ($748.7 million) in the year ended Dec. 31. ($1 = 0.6568 pounds) (Reporting by Richa Naidu in Bengaluru; Editing by Anand Basu)

FTSE adds nine Indian firms as large-caps in Asia-Pacific ex-Japan index

Brokers trade on computer terminals at a stock brokerage firm in MumbaiMUMBAI (Reuters) - Stock market index provider FTSE Group has added Bosch and raised the shares of eight other Indian companies, including Yes Bank, to large-caps from mid-cap earlier in its Asia Pacific ex-Japan index. FTSE's changes, which came after a semi-annual review of indices, may lead to net inflows of nearly $150 million in Indian shares and may help soothe worries about huge India overweight positions after a potential rise in the country's weighting by peer MSCI, traders said. ...

Nikkei rises on economic optimism, BOJ buying

A man looks at a stock quotation board as passers-by walk past, outside a brokerage in TokyoJapanese share prices ticked up on Thursday despite softness in Wall Street shares the previous day helped by optimism on the Japanese economy and bolstered by the Bank of Japan's buying earlier this week. The Nikkei rose 0.3 percent to 18,751.84 while the broader Topix rose 0.4 percent to 1,523.72.

South Africa's Exxaro posts 6 pct fall in adjusted FY earnings

Exxaro's CEO Nkosi speaks at the 2013 Reuters Africa Investment Summit in JohannesburgSouth African coal producer Exxaro said on Thursday its adjusted full-year earnings fell 6 percent due to an impairment charge of 5.8 billion rand ($490.9 million) related to an iron ore project in the Congo Republic. Diluted headline earnings per share totalled 1,368 cents in the year to December 2014 compared to 1,459 cents in the previous year, the company said in a statement. Headline EPS, the main profit gauge in South Africa, strips out certain one-time items. Exxaro slashed its final dividend by a third to 210 cents per share.

South Africa's Standard Bank grows FY earnings 1 pct

To match Feature FRONTIERS/AFRICAJOHANNESBURG (Reuters) - Standard Bank, Africa's largest bank by assets, reported an expected 1 percent growth in full-year earnings on Thursday after increases in lending and transactional activity. Standard Bank said headline earnings per share totalled 1,070 cents for the period ended in December, from 1,065 cents last year. Headline EPS, the benchmark profit measure in South Africa, excludes certain one-time items. The lender had flagged headline earnings would range between -2 and 2 percent.

Asia stocks slip, euro hits 11-year low before ECB

sA man riding on a bicycle looks at an electronic board showing the Japan's Nikkei average outside a brokerage in TokyoBy Shinichi Saoshiro TOKYO (Reuters) - Asian stocks slipped on Thursday after Wall Street continued to pull back from record highs ahead of Friday's closely-watched U.S. jobs data, while the nervous euro languished at an 11-year low prior to the European Central Bank's policy meeting. MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.4 percent with Thai, Malaysian and Chinese stocks posting losses. "Foreigners are continuing their buying spree on the back of increased global liquidity after quantitative easing by the ECB," said Lee Kyung-min, economist at Daishin Securities Co in Seoul. Risk asset markets, shored up by liquidity provided by easing-minded central banks around the world, will have a chance to confirm the ECB's easing stance when it holds a policy meeting later in the session.

Turkey - Factors to Watch on March 5

ISTANBUL, March 5 (Reuters) - Following are news, reports and events that may affect Turkish financial markets on Thursday. The lira traded at a record low of 2.5720 against the dollar at 0618 GMT, from 2.5705 late on Wednesday. The main share index fell 2.65 percent to 82,067 points on Wednesday. The benchmark 10-year government bond yield ended spot trade at 8.32 on Wednesday and edged up to 8.26 percent in Thursday-dated trade. GLOBAL MARKETS Asian stocks slipped on Thursday after Wall Street continued to pull back from record highs ahead of Friday's closely-watched U.S. ...

MIDEAST STOCKS-Mobily may weigh on Saudi Arabia after shock earnings restatement

Telecommunications firm Mobily may be a major drag on Saudi Arabia's stock market as it resumes trading on Thursday, while Gulf markets in general may remain weak, lacking positive catalysts. Saudi Arabia's stock market regulator suspended trading in Mobily before the market opened last Wednesday, after the company announced it had suffered a $243 million loss in 2014 - instead of an earlier announced profit - and expected to breach covenants on long-term loans. Also, the regulator has said it is investigating possible insider trading in Mobily shares, which might be another reason for investors to stay away from the stock and to be more cautious in trading the overall Saudi market.
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