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Wall Street rides higher in week helped by ECB NEW YORK: A tumble of blue-chip stock shares on Friday failed to erase another week of gains for Wall Street.US stocks managed to claw back most of the losses from the beginning of 2015 buoyed by a larger-than-expected stimulus from the European Central Bank, generally higher corporate earnings and a burst of buying in big tech firms.The Dow Jones Industrial Average put on 0.9 percent to end the week at 17,672.60, and the broader S&P 500 rose 1.6 percent to 2,051.82.The Nasdaq Composite outdid both with a 2.7 percent surge to 4,757.88.The ECB's announcement of a 60 billion euro-per-month ($67 billion) quantitative easing stimulus program was the strongest incentive for buying, giving the Dow a 1.5 percent boost on Thursday and the Nasdaq 1.8 percent.It was seen as a strong commitment to fight deflation in the eurozone and restore growth, and it sent the dollar sharply higher on the euro. ...

TSX little changed as energy shares offset mining drop TORONTO: Canada's main stock index was little changed on Friday, with strength in energy shares offset by the mining sector, as investors processed moves by the Bank of Canada and the European Central Bank earlier this week. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 15.37 points, or 0.1 percent, at 14,779.35. Six of the 10 main sectors on the index were higher.Copyright Reuters, 2015

ECB easing pushes European equities to 7-year high, euro sinks NEW YORK: European stocks hit seven-year highs on Friday, continuing a rally ignited by the European Central Bank's plan for massive regional economic stimuli that also knocked the euro to 11-year lows.Wall Street mostly fell on soft corporate earnings news after the S&P 500 rallied 1.5 percent on Thursday on the ECB's $1 trillion bond-buying announcement.The euro went into another nose-dive, hitting a low of $1.1115 in its biggest daily fall in over three years, ...

Box hits Wall Street with a bang after IPO NEW YORK: Cloud storage startup Box soared in its Wall Street debut Friday after a public share offering, pushing its market value to $2.7 billion.Trading under the symbol "BOX," the shares jumped 66 percent to close at $23.23 on the New York Stock Exchange from the offering price of $14 announced Thursday.Box, one of the growing cloud storage firms along with rival Dropbox, was founded in 2005 by University of Southern California student Aaron Levie ...

Greek shares lead European shares higher after ECB boost LONDON: Greek shares led euro zone stock markets higher on Friday, boosted before Sunday's pivotal elections by the European Central Bank's decision to buy government bonds. European shares were set for their biggest weekly gain in over three years as investors cheered the ECB's quantitative easing programme to battle deflation. The bond-buying scheme helped Greece's ATG share index rise 6 percent, with Attica Bank, National Bank of Greece and Piraeus Bank up between 14 percent ...

Wall St opens flat on soft earnings NEW YORK: US stock opened little changed on Friday, as some weak corporate earnings took the steam out of a four-session winning streak.The Dow Jones industrial average fell 12.2 points, or 0.07 percent, to 17,801.78, the S&P 500 lost 1.33 points, or 0.06 percent, to 2,061.82 and the Nasdaq Composite dropped 2.87 points, or 0.06 percent, to 4,747.53. Copyright Reuters, 2015

Brazil stocks drop on looming energy crisis SAO PAULO: Brazilian stocks fell on Friday on fears of energy rationing that could hit the country's already ailing economy, while Latin American currencies weakened after an ECB-inspired rally.Brazil's benchmark Bovespa index underperformed regional stock markets to fall 1.4 percent as shares of companies such as miners, steelmakers, banks and utilities dropped.Brazil is under the threat of a severe energy crisis this year as a prolonged drought has depleted key reservoirs that supply water for ...


Index Closing Chg%
Arrow DJIA 17,652.60 0.79
Arrow Nasdaq 4,757.88 0.16
Arrow S&P 2,051.82 0.55
Arrow FTSE 6,832.83 0.53
Arrow DAX 10,649.58 2.05
Arrow CAC-40 4,640.69 1.93
Arrow Nikkei 17,511.75 1.05
Arrow H.Seng 24,850.45 1.34
Arrow Sensex 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