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Asian markets extend gains after Fed statement HONG KONG: Asian markets rallied for a second straight session Friday, boosted by another strong performance on Wall Street while renewed confidence helped push the dollar back towards the 100 yen mark.Tokyo jumped 2.39 percent, or 411.35 points, to 17,621.40 thanks to the weaker yen, while Sydney climbed 2.45 percent, or 127.8 points, to close at 5,338.6 and Seoul advanced 1.71 percent, or 32.48 points, to 1,929.98.Hong Kong climbed 1.25 percent, or 284.42 points, to 23,116.63 and Shanghai was up 1.67 percent, or 51.08 points, at 3,108.60.Global markets tanked at the start of the week on fears about the global economy as oil prices plunged and crude exporter Russia was also hammered by Western sanctions over Ukraine.However, they have rebounded over the past few days in response to a Federal Reserve statement Wednesday indicating interest rates would be hiked no sooner than mid-2015.On Wall Street the Dow surged 2.43 percent, ...


Hong Kong shares end 1.25pc higher HONG KONG: Hong Kong stocks climbed 1.25 percent Friday, ending the week with a flourish after another strong rally on Wall Street, while Shanghai ended at a new four-year high.The benchmark Hang Seng Index added 284.42 points to 23,116.63 on turnover of HK$95.71 billion (US$12.35 billion).In mainland China the benchmark Shanghai Composite Index jumped 1.67 percent, or 51.08 points, to 3,108.60 -- its highest since November 2010 -- on turnover of 515.6 billion yuan ($84.2 ...

European stock markets extend gains LONDON: Europe's main stock rose at the start of trading on Friday, building on the previous day's sharp gains.London's benchmark FTSE 100 index climbed 0.38 percent to 6,490.44 points compared with Thursday's close.Frankfurt's DAX 30 gained 0.92 percent to 9,901.26 points and in Paris the CAC 40 advanced 0.77 percent to 4,282.39.Global stock markets surged in a "Santa Claus rally" on Thursday as dealers welcomed the outcome of the US Federal Reserve meeting which signalled ...

China stocks rebound as key indices hit 4-year intraday highs BEIJING: China stocks closed up on Friday with both key indexes hitting four-year highs in intraday trading as energy shares surged. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 1.1 percent to 3,383.17, and climbed 5.95 percent for the week. The Shanghai Composite Index gained 1.7 percent to 3,108.60 points, and climbed 5.84 percent for the week.Coal and oil stocks led the surge in mainland shares with the CSI300 energy ...

Chinese auto maker BYD's shares rebound sharply in HK after record fall SHANGHAI: Shares in Chinese electric vehicle maker BYD Co Ltd , backed by investor Warren Buffett, rebounded over 15 percent on Friday, reversing some of the previous day's steep losses after the firm said its business fundamentals were sound.BYD's Hong Kong-listed shares fell 29 percent on Thursday in record trading, their biggest one-day drop, in an unexplained slide that wiped out around $1.2 billion of its market capitalisation.On Friday BYD shares in Hong Kong were ...

Tokyo shares end 2.39pc higher TOKYO: Tokyo stocks jumped 2.39 percent Friday following sharp gains on Wall Street while the dollar's strength also provided support.The Nikkei 225 index at the Tokyo Stock Exchange climbed 411.35 points to 17,621.40, while the Topix index of all first-section shares rose 2.42 percent, or 33.29 points, to 1,409.61.Tokyo tracked a positive lead from Wall Street where the Dow soared 2.43 percent and the S&P 500 shot up 2.40 percent."Worries certainly remain -- including those ...

Tokyo shares end 2.39pc higher TOKYO: Tokyo stocks jumped 2.39 percent Friday following sharp gains on Wall Street while the dollar's strength also provided support.The Nikkei 225 index at the Tokyo Stock Exchange climbed 411.35 points to 17,621.40, while the Topix index of all first-section shares rose 2.42 percent, or 33.29 points, to 1,409.61.Copyright AFP (Agence France-Presse), 2014


 



 
Index Closing Chg%
Arrow DJIA 17,778.15 2.43
Arrow Nasdaq 4,748.40 2.24
Arrow S&P 2,061.23 2.40
Arrow FTSE 6,466.00 2.04
Arrow DAX 9,811.06 2.79
Arrow CAC-40 4,249.49 3.35
Arrow Nikkei 17,210.05 2.32
Arrow H.Seng 22,832.21 1.09
Arrow Sensex 27,126.57 1.56






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