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US stocks rise for 3rd day in a row NEW YORK: US stocks finished higher Friday, continuing to ride the positive momentum from Wednesday's Federal Reserve meeting as the last full week of trade of 2014 ended.The Dow Jones Industrial Average added 26.65 points (0.15 percent) at 17,804.80.The broad-based S&P 500 rose 9.42 (0.46 percent) to 2,070.65, about five points below its record, while the tech-rich Nasdaq Composite Index advanced 16.98 (0.36 percent) to 4,765.38.Friday's advances were comparatively modest after two days of torrid gains after the Fed kept interest rates low and said it would be "patient" before raising them.The rally once again underscored the resonance of the buy-the-dip trade, said Michael James, managing director of equity trading at Wedbush Securities. US stocks sank early in the week on concerns about low oil prices and the crashing Russian ruble."Investors here and abroad realize the US equity market remains the best option for equity investments and people are willing ...


Oman sovereign fund boosts buying of local stocks MUSCAT: Oman's State General Reserve Fund (SGRF) has boosted its buying of shares in the local stock market as prices have slid to attractive levels, the fund's executive president said.The Muscat Securities Market's (MSM) main index is down 20 percent from its November peak, hit by concern that the plunge in global oil prices will crimp government spending and therefore corporate profit growth.The government has already revealed plans to raise money by cutting natural gas ...

Monte Paschi shares fall on capital worries MILAN: Shares in Banca Monte dei Paschi di Siena fell more than 2 percent in early trade on Friday, underperfoming a flat Milan stock market, as capital-raising woes continued to weigh on the troubled Italian lender. "The stock is still digesting reports yesterday it can't get away the sale of its consumer credit unit," a Milan trader said.Monte Paschi needs to plug a hole in its capital base following the results of a euro zone ...

Vietnam index falls 1 pct; ETF reviews boost volumes HANOI: Vietnam's benchmark VN Index closed 1.01 percent lower on Friday in heavy trading as two exchange-traded funds completed their quarterly reviews.Hanoi-based Vietcombank, Vietnam's biggest lender by market value, led the decliners with a 6.91 percent fall, with volumes at a five-year high of 4.9 million shares, Reuters data showed.Top insurer Baoviet Holdings dropped 6.97 percent to its lowest close in two years, while food producer Masan Group fell 1.9 percent to the lowest since ...

Britain's FTSE could score biggest weekly rise in two years LONDON: Britain's top equity index was on track for its biggest weekly gain in two years on Friday, led by recent laggards such as insurer Aviva and media group WPP, as analysts recommended snapping up battered shares after a recent selloff. Barclays, which had fallen 11.6 percent in just over a week, rose 1.4 percent after the judge overseeing New York state's lawsuit accusing it of fraud in its alternative trading system raised questions about ...

SE Asia Stocks: Most end stronger; US Fed signal continues to boost sentiment JAKARTA: Most Southeast Asian stock markets rose on Friday as the US Federal Reserve's pledge to be "patient" about hiking interest rates continued to boost sentiment.The Fed's signal "continues to be the positive catalyst that supports the global market rally," Jakarta's BNI Securities said in a research note on Friday.The markets had been highly volatile earlier in the week as plunging oil prices and the Russian rouble caused outflows from the region due to global ...

Rouble's bounce draws investors back to emerging assets LONDON: Emerging-market stocks were set for their first weekly gain of the month and currencies were steady to higher on Friday, helped by a stabilisation of Russia's beaten-up rouble and a four-year high for Chinese shares. Following gains of more than 2 percent on Wall Street, the MSCI Emerging stocks index rose 0.8 percent as European investors finally found enough confidence to chase buoyant Asian markets after another wild week of swings.Russia's battered rouble was ...


 



 
Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln