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Wall St gains in choppy trading NEW YORK: US stocks were up in a volatile session on Thursday as oil futures pared their losses and strong job market data helped offset weak earnings reports from companies such as Alibaba and Qualcomm. The S&P 500 hit a session high in the afternoon when nine out of 10 of the index's sectors turned positive. It had fallen as much as 0.65 percent earlier.The confluence of low oil prices and a strong dollar, which is hurting some companies, is distracting investors from what is actually an average earnings season, said Art Hogan, chief market strategist at Wunderlich Securities in New York. "This is the first time we've had a quarter we've had to deal with both dynamics in this business cycle," said Hogan. "We're looking at the big household names that put out disappointing numbers this week and we're putting undue influence on that." Shares in Chinese internet giant ...

Shares in Brazil's Petrobras continue to plunge SAO PAULO: Petrobras shares fell more than four percent Thursday, declining sharply for a second day after the company released third-quarter results without accounting for a major corruption scandal.Preferred shares of the state oil giant dropped 4.32 percent to 8.64 reais at about 1300 GMT, while ordinary shares lost 5.68 percent at 8.14 reais.It followed a 10 percent drop on Wednesday, after the company released long delayed and incomplete third quarter 2014 results that do ...

Greek stocks recover to finish day up 3.2pc ATHENS: The Greek stock market finished the day up almost 3.2 percent on Thursday and the country's four main banks rose nearly 13 percent, recovering some of their losses from Wednesday.The Athens stock market had plunged on Wednesday after Greece's new hard-left Prime Minister Alexis Tsipras scrapped key privatisation projects and pressed home his demand for a renegotiated deal on the country's multi-billion-euro bailout. Copyright AFP (Agence France-Presse), 2015

TSX drops as Fed worries, energy shares weigh TORONTO: Canada's main stock index dropped 1.3 percent on Thursday, extending the previous session's sharp fall as investors remained nervous about the Federal Reserve's outlook for raising U.S. interest rates.Weakness in the price of U.S. crude oil, another factor hurting the market, helped send down shares of energy producers nearly 3 percent.The Fed said on Wednesday the U.S. economy was expanding "at a solid pace," signaling to investors the U.S. central bank was on track ...

Stocks ease on earnings outlook, Greece worries NEW YORK: Global equity markets eased on Thursday on simmering worries over Greece's new anti-bailout government and the prospect for corporate earnings, but U.S. government debt prices fell on fresh signs of a strong American labor market.Weak results hit European shares, with Royal Dutch Shell weighing on the market after it missed earnings expectations. The oil major, which fell 4.7 percent, said it would cut spending by $15 billion over three years due to slumping ...

South Africa stocks slide, but retailers advance JOHANNESBURG: South African stocks ended lower on Thursday as a rise in retailers such as Shoprite failed to offset a slide in gold mining houses, which were hit by lower metal prices.Retailers in Africa's most advanced economy were helped, in part, by a central bank decision that signalled rate hikes were unlikely in the near term.The reserve bank left its benchmark rate 5.75 percent on Thursday, in line with expectations. Critically, central bank Governor Lesetja ...

Fed rate outlook weighs on stocks, lifts dollar LONDON: European stocks slipped and the dollar strengthened on Thursday after the Federal Reserve took an upbeat view of the world's largest economy and signalled it was on track to raise interest rates this year.The stronger dollar helped push U.S. oil prices to six-year lows and weighed on the price of gold.Greece, where an anti-austerity prime minister took over on Monday, also kept investors nervous, although Greek shares regained some ground after falling 9.2 percent ...


Index Closing Chg%
Arrow DJIA 17,409.00 1.31
Arrow Nasdaq 4,683.41 0.98
Arrow S&P 2,017.30 0.95
Arrow FTSE 6,810.60 0.22
Arrow DAX 10,737.87 0.25
Arrow CAC-40 4,631.43 0.44
Arrow Nikkei 17,606.22 1.06
Arrow H.Seng 24,595.85 1.07
Arrow Sensex 29,681.77 0.41

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 25, 2015
Reserves $15.019 bln