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US stocks sag but remain close to record highs NEW YORK: Wall Street stocks fell modestly Friday but remained close to record highs to close out the best single-month performance since 2011.Stocks got help from a new estimate of fourth-quarter US economic growth that came in better than expected.Despite shedding 6.24 points (0.30 percent) for the day, the broad based S&P 500 scored its best month since October 2011, putting on 5.5 percent, to end at 2,104.50. The Dow Jones Industrial Average lost 81.72 points (0.45 percent) at 18,132.70. And the tech-rich Nasdaq Composite Index fell 24.36 (0.49 percent) to 4,963.53.The official estimate of US growth in the October-December quarter was revised to 2.2 percent from the initial estimate of 2.6 percent. A sharper cut had been expected by markets, and analysts said the figure suggested the economy is growing now at a respectable 3.0 percent pace or better.Coca-Cola led gains in blue-chips, jumping 2.0 percent on the soaring ...


Indian shares gain on GAAR delay, plan to reduce corporate tax rate MUMBAI: Indian shares rose nearly 1 percent on Saturday, recovering from earlier falls after Finance Minister Arun Jaitley proposed to cut the corporate tax rate over the next four years and delayed the implementation of planned General Anti-Avoidance Rules (GAAR) by two years.Shares had earlier turned slightly negative after Jaitley pushed back the government's medium-term goal of cutting the fiscal deficit to 3 percent of gross domestic product to 2017/18, one year later than previously ...

European shares hold at seven-year highs as QE nears LONDON: European shares held steady at seven-year highs on Friday as investor confidence stayed buoyant ahead of the European Central Bank's monthly 60-billion-euro money-printing programme set to start in March. The FTSEurofirst 300 index of top European shares has surged 14 percent this year, its strongest start to the year since regional stock market benchmarks were created in 1986."The market's had a good run and it's the end of the month so we're going to ...

Wall St opens flat after GDP data NEW YORK: US stocks opened flat on Friday, with major indexes on track for a fourth week of gains, following data on economic growth and ahead of a report on consumer sentiment. The Dow Jones industrial average fell 9.15 points, or 0.05 percent, to 18,205.27, the S&P 500 lost 1.79 points, or 0.08 percent, to 2,108.95 and the Nasdaq Composite dropped 4.60 points, or 0.09 percent, to 4,983.29. Copyright Reuters, 2015

TSX rises as energy shares gain with oil prices TORONTO: Canada's main stock index rose on Friday as higher oil prices helped support shares of energy producers and banks climbed after recently reporting quarterly results. The Toronto Stock Exchange's S&P/TSX composite index was up 39.93 points, or 0.26 percent, at 15,281.09 shortly after the open. Copyright Reuters, 2015

Kenyan shares lifted by KenGen, shilling steady NAIROBI: Kenya's benchmark index rose on Friday, driven by a rally in the shares of the country's main power producer KenGen a day after it reported first-half pretax profit had more than doubled.The shilling was stable.KenGen, which is 70 percent state-owned, said its profit was buoyed by higher electricity sales and also predicted significant full-year growth.Its share price leapt 14 percent to 12.05 shillings."KenGen, that was actually a huge jump," said Agnes Achieng, a research ...

UK's FTSE hits new record high as StanChart rises LONDON: Britain's top equity index hit a record high on Friday, helped by gains in Asian-focused bank Standard Chartered and International Consolidated Airlines Group. The blue-chip FTSE 100 index was up by 0.2 percent at 6,962.51 points going into the close of the trading session - slightly above a previous all-time high of 6,958.89 points hit on Tuesday. The FTSE has benefited along with other world stock markets from economic stimulus measures unveiled by central ...


 



 
IndexClosingChg%
ArrowDJIA 18,132.70 0.45
ArrowNasdaq 4,963.53 0.49
ArrowS&P 2,104.50 0.30
ArrowFTSE 6,946.66 0.04
ArrowDAX 11,401.66 0.66
ArrowCAC-40 4,951.48 0.83
ArrowNikkei 18,797.94 0.06
ArrowH.Seng 24,823.29 0.32
ArrowSensex 29,220.12 1.65







ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyDecember
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln