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NEW YORK: US stocks index futures pointed towards a flat open on Wednesday, after the Dow and S&P 500 climbed to their latest records, before a second day of testimony from Federal Reserve Chair Janet Yellen and data on the housing market. The Fed chair told a congressional committee that the Fed is preparing to consider increases "on a meeting-by-meeting basis," a subtle change that helps to lay a foundation for the central bank's first rate hike since 2006, although the timing of the liftoff was still in question. Yellen's second day of testimony is set to begin at 10 a.m. (1500 GMT). "There is a pregnant pause in the market this morning," said Peter Kenny, chief market strategist at Clearpool Group in New York. "Markets are waiting to see if there is any further insight into the timeline in the normalization of rates, any shift in terminology that would ...


Wall St set for flat open; Yellen, data on tap NEW YORK: US stocks index futures pointed towards a flat open on Wednesday, after the Dow and S&P 500 climbed to their latest records, before a second day of testimony from Federal Reserve Chair Janet Yellen and data on the housing market. The Fed chair told a congressional committee that the Fed is preparing to consider increases "on a meeting-by-meeting basis," a subtle change that helps to lay a foundation for the central bank's first ...

Wall St opens flat; Dow, S&P at records NEW YORK: US stocks opened flat on Wednesday, with major indexes at records, as investors awaited a second day of testimony from Federal Reserve Chair Janet Yellen and data on the housing market. The Dow Jones industrial average fell 7.13 points, or 0.04 percent, to 18,202.06, the S&P 500 lost 2.21 points, or 0.1 percent, to 2,113.27 and the Nasdaq Composite dropped 8.83 points, or 0.18 percent, to 4,959.29. Copyright Reuters, 2015

TSX opens higher as RBC, Hudson's Bay gain TORONTO: Canada's main stock index opened higher on Wednesday, boosted by gains in Royal Bank of Canada after the lender reported quarterly results and a surge in Hudson's Bay Co after the retailer entered some real estate joint deals. The Toronto Stock Exchange's S&P/TSX composite index was up 52.62 points, or 0.35 percent, at 15,217.59 shortly after the open. Copyright Reuters, 2015

European stocks drop; London off record high LONDON: European stock markets fell Wednesday, taking the steam out of a rally that pushed London to record highs the previous day.London's benchmark FTSE 100 index dropped 0.36 percent to stand at 6,924.30 points around midday in the British capital.Frankfurt's DAX 30 edged down 0.07 percent to 11,197 points and the CAC 40 index in Paris lost 0.29 percent to 4,872.20 compared with Tuesday's close.The euro nudged higher to $1.1344 from $1.1342 late in New ...

Saudi telecom suspended over 'loss': market regulator RIYADH: Saudi Arabia's stock market regulator on Wednesday suspended trading in one of the country's major telecommunication firms, Etihad Etisalat, after the company reported losses of $243 million last year.The firm, known as Mobily, is a unit of United Arab Emirates giant Etisalat.The suspension will run "until Mobily discusses the reasons that led to a net loss amounting to 913 million riyals", after having earlier reported a preliminary net profit of 220 million riyals for ...

Qatar Navigation raises 2014 dividend as Q4 profit jumps 32.8pc DUBAI: Qatar Navigation (Milaha) raised its 2014 dividend and its fourth-quarter net profit jumped 32.8 percent, Reuter’s calculations showed on Wednesday.It made a net profit of 228.2 million riyals ($62.7 million) in the three months ending Dec. 31, up from 171.8 million riyals a year-ago, according to Reuters calculations based on financial statements and Thomson Reuters data.In a filing with Qatar's bourse, Milaha said it recorded a net profit for 2014 of 1.05 billion riyals ...


 



 
Index Closing Chg%
Arrow DJIA 18,214.42 0.06
Arrow Nasdaq 4,987.89 0.42
Arrow S&P 2,110.74 0.15
Arrow FTSE 6,949.73 0.21
Arrow DAX 11,327.19 1.04
Arrow CAC-40 4,910.62 0.58
Arrow Nikkei 18,785.79 1.08
Arrow H.Seng 24,902.06 0.50
Arrow Sensex 28,746.65 0.90







ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyDecember
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln