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Tokyo stocks close 2.32pc higher, Nikkei 225 index at the TSE ended up 390.32 points TOKYO: Tokyo stocks jumped 2.32 percent on Thursday, boosted by a rally on Wall Street and a weaker yen after the US Federal Reserve indicated it would hike interest rates by mid-2015.The Nikkei 225 index at the Tokyo Stock Exchange ended up 390.32 points at 17,210.05, while the Topix index of all first-section shares climbed 1.80 percent, or 24.31 points, to 1,376.32."The Fed pretty much said what markets most wanted to hear -- no rate rise for the next three months," said Daisuke Uno, strategist at Sumitomo Mitsui Banking. On Wednesday, the dollar rose after the Fed signalled no shift in its expectation to raise interest rates in 2015.The Federal Open Market Committee "judges that it can be patient in beginning to normalise the stance of monetary policy," the Fed's policy arm said in a statement after a two-day meeting.The central bank said the policy was consistent with its prior ...


Asian markets gain as Fed promises patience HONG KONG: Asian markets mostly rallied Thursday, with investors reversing a recent sell-off spurred by a Wall Street recovery and indications the Federal Reserve will keep rates on hold until mid-2015.The dollar was boosted by comments from US central bank policymakers, which analysts said suggested they have changed tack and will not start to lift rates from record lows until the first six months of next year.Tokyo climbed 2.32 percent, or 390.32 points, to 17,210.05 ...

Hong Kong shares end 1.09pc higher HONG KONG: Hong Kong stocks rose 1.09 percent Thursday, boosted by bargain-buying and a rally on Wall Street after the US Federal Reserve indicated interest rates would likely not be hiked until mid-2015.The benchmark Hang Seng Index added 246.37 points to 22,832.21 on turnover of HK$99.64 billion (US$12.85 billion).But in mainland China the benchmark Shanghai Composite Index edged down 0.11 percent, or 3.50 points, at 3,057.52 following a four-day rally that saw it hit a ...

European stock markets rally at open LONDON: Europe's main stock markets opened strongly on Thursday following rallies in Tokyo and on Wall Street as dealers welcomed the outcome of the US Federal Reserve policy meeting.Oil prices were steady after recent volatility.At the start of trading, London's benchmark FTSE 100 index climbed 0.44 percent to stand at 6,364.64 points compared with Wednesday's close.Frankfurt's DAX 30 soared 1.75 percent to 9,711.61 points and in Paris the CAC 40 won 1.81 percent to 4,186.26 ...

Gulf markets surge after oil rebounds DUBAI: Stock markets in Saudi Arabia and the United Arab Emirates soared on Thursday after the price of oil rebounded and the Riyadh government eased investors' fears by saying it would continue spending heavily on economic development. Saudi Arabia's bourse rose 5.8 percent shortly after its opening. All traded stocks posted gains and some, such as Advanced Petrochemical Co, were up 10 percent, the bourse's daily limit for price moves. The main fear of Gulf ...

China stocks slip before new listings, Hong Kong rebounds on Fed views BEIJING: China stocks slipped on Thursday as hot brokerage shares cooled on questions about margin trading and investors shifted interest to coming listings while the Hong Kong market rebounded after five days of losses. The CSI300 index of leading Shanghai and Shenzhen listings fell 0.4 percent, to 3,347.51 points at the end of the morning.The Shanghai Composite Index lost 0.3 percent, to 3,051.11 points. Hong Kong's Hang Seng index added 1.3 percent, to 22,887.7 points.The ...

Australia shares gain 1pc as positive Fed talk sparks relief SYDNEY: Australian shares rose 1 percent on Thursday as an upbeat economic assessment from the Federal Reserve triggered a relief-rally in global markets that had been unnerved by Russian financial turmoil and tumbling oil prices. The S&P/ASX 200 index added 0.95 percent or 48.94 points to 5210.80, its biggest one-day rally since Dec. 19, 2013, their biggest one-day gain since Dec. 2. New Zealand's benchmark NZX 50 index rose 0.4 percent or 21.89 points to ...


 



 
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