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UPS weighs on Wall St but indexes up for week NEW YORK: US stocks fell on Friday, pressured by underwhelming corporate news including guidance from economic activity bellwether UPS and as materials stocks fell after bearish research notes. The Dow Jones industrial average fell 141.38 points, or 0.79 percent, to 17,672.6, the S&P 500 lost 11.33 points, or 0.55 percent, to 2,051.82 and the Nasdaq Composite added 7.48 points, or 0.16 percent, to 4,757.88. For the week, the Dow rose 0.9 percent, the S&P 500 added 1.6 percent and the Nasdaq gained 2.7 percent. It was the first positive week for major indexes in the last four. Copyright Reuters, 2015

Brent closes up, US crude down after Saudi king dies NEW YORK: Brent crude was buoyed on Friday by market uncertainty over the future of Saudi oil output, while US crude fell on more signs of oversupply. Saudi Arabia's new king, Salman, who took the throne on Friday morning after the death of his brother Abdullah, is expected to continue OPEC's policy of keeping oil output steady to protect market share.Some traders did not want to believe that, "clinging on some faint hope that the ...

Indonesia's Bontang LNG plant tenders to sell 3 cargoes LONDON/MILAN: Indonesia's Bontang liquefied natural gas (LNG) plant has tendered to sell three cargoes, three traders said on Friday. The deadline for offers was January 21, the traders said, although they were unsure of when the result would be decided.The Bontang plant processes LNG from the gas fields in the Mahakam River delta in East Kalimantan, Indonesia's main gas-producing region. The plant is jointly operated by Pertamina, Vico Indonesia, France's Total and an Indonesian subsidiary ...

TSX little changed as resources offset gain in banks TORONTO: Canada's main stock index was little changed on Friday as choppy commodity prices weighed on shares of natural resource companies, offsetting a gain in the financial sector. The Toronto Stock Exchange's S&P/TSX composite index was up 14.22 points, or 0.1 percent, at 14,778.20 shortly after the open. Copyright Reuters, 2015

Russia's refinery runs in December down 2.1pc on month MOSCOW: Russian oil refinery runs in December fell by 2.1 percent month-on-month or 123,787 barrels per day (bpd) due to a series of outages, data from the Energy Ministry and Reuters calculations showed. Refineries processed 5.862 million barrels of crude oil per day in December versus 5.986 million in November. Three major Russian refineries were hit by unplanned outages in December, Reuters data showed. Due to a leak on a major pipeline delivering oil to ...

US crude turns positive on supportive economic indicators NEW YORK: US crude oil prices turned positive Friday after the National Association of Realtors reported that US home sales rose in December, a possible indicator of a recovering housing market.US crude was trading up 6 cents at $46.39 at 10:18 a.m. EST (1618 GMT). Global Brent was up 79 cents to trade at $49.25.Copyright Reuters, 2015

Oil up after Saudi king dies; policy pledges calm market LONDON: Brent crude oil rose on Friday after the death of Saudi Arabia's king added to uncertainty in oil markets, although the new ruler indicated immediately there would be no policy change. Brent crude rose to a high of $49.80, up $1.28 a barrel, before easing to around $49.20 by 1515 GMT. US light crude oil rose to $46.41, up 10 cents. King Abdullah bin Abdulaziz died early on Friday and his brother Salman became ...


ArrowDJIA 17,652.60 0.79
ArrowNasdaq 4,757.88 0.16
ArrowS&P 2,051.82 0.55
ArrowFTSE 6,832.83 0.53
ArrowDAX 10,649.58 2.05
ArrowCAC-40 4,640.69 1.93
ArrowNikkei 17,511.75 1.05
ArrowH.Seng 24,850.45 1.34
ArrowSensex 29,278.84 0.94

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 22, 2015
Reserves $10.331 bln