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Wall St opens up on Apple, Boeing boost NEW YORK: US stocks rose at the open on Wednesday, boosted by earnings from Apple and Boeing, but focus could shift later in the day to the Federal Reserve's first two-day policy meeting of the year.The Dow Jones industrial average rose 30.34 points, or 0.17 percent, to 17,417.55, the S&P 500 gained 11.14 points, or 0.55 percent, to 2,040.69 and the Nasdaq Composite added 60.55 points, or 1.29 percent, to 4,742.05.Copyright Reuters, 2015

ARM and Experian rise as UK's FTSE drifts back to 4-month highs LONDON: Britain's top equity index drifted back up towards four-month highs on Wednesday, with technology group ARM boosted by Apple's record profits and data company Experian up on a dividends pledge.The blue-chip FTSE 100 index was up by 0.2 percent at 6,827.11 points in early session trading, recovering slightly from a 0.6 percent decline on Tuesday.ARM, which rose 1.9 percent to 1,051 pence, gave one of the biggest lifts to the FTSE.ARM, whose chip designs ...

Europe stocks dip; Greek shares extend retreat PARIS: European shares dipped in early trading on Wednesday, with Greek stocks extending their sell-off sparked by the victory of leftwing Syriza party in Sunday's election.Shares of Greek utility PPC and Greece's biggest port, Piraeus Port Authority, fell by 6.6 and 8.3 percent respectively after the new government said it would freeze privatisation plans.One of the first decisions announced by the Syriza government was stopping the planned sale of a 67-percent stake in Piraeus Port ...

Indian shares retreat from record highs on profit-taking MUMBAI: Indian shares hit a record high for a sixth consecutive session on Wednesday before succumbing to profit-taking as blue-chips, including lenders, rose on hopes the U.S. Federal Reserve could take a dovish stance in its post-meeting statement later in the day.NSE's volatility index, the Indian equivalent of the VIX fear gauge, surged 9.6 percent ahead of Fed's policy statement at 1400 GMT.The broader NSE index rose for a ninth consecutive session, matching its winning ...

Shares, dollar retreat before Fed's statement LONDON: Stocks and the dollar retrenched on Wednesday amid speculation the Federal Reserve will take a dovish turn in its post-meeting statement later in the day.European shares gave back early gains, after stumbling for the first time in nine sessions on Tuesday, and after record profits for Apple and a surprise rate cut in Singapore had bolstered Asian markets.The dollar was starting to slide against the euro, the yen and other currencies, anticipating a statement ...

Malaysia share falls before rate decision; Philippines at record closing high BANGKOK: Thai shares gained on Wednesday after the Bank of Thailand kept its policy interest rate intact as expected while Siam Cement hit its highest in almost two years after fourth-quarter results beat forecasts.Malaysian stocks fell ahead of an interest rate decision while investors in the region were broadly cautious, with the focus on the US Federal Reserve's monetary policy meeting. .Singapore posted modest gains on upbeat sentiment after the central bank unexpectedly eased monetary ...

Saudi Arabia extends gains, Egypt pulls back DUBAI: Saudi Arabia's stock market rose in early trade on Wednesday on the back of banks and petrochemicals, while Egypt's bourse retreated from a multi-year high.The main Saudi index added 1.5 percent as shares in Samba Financial Group surged 7.5 percent and were the main support. Two brokerages, EFG Hermes and Global, identified the stock this week as offering good value and being well positioned for the expected US interest rate increase.Petrochemicals giant Saudi Basic ...


Index Closing Chg%
Arrow DJIA 17,191.37 1.13
Arrow Nasdaq 4,638.00 0.93
Arrow S&P 2,002.16 1.35
Arrow FTSE 6,825.94 0.21
Arrow DAX 10,710.97 0.78
Arrow CAC-40 4,610.94 0.29
Arrow Nikkei 17,795.73 0.15
Arrow H.Seng 24,861.81 0.22
Arrow Sensex 29,559.18 0.04

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