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Stocks drift with eyes on earnings; oil ticks up NEW YORK: Crude prices added to last week's gains Monday on bets of a slowdown in US oil production, while equities in major world markets drifted ahead of the start of the quarterly earnings season on Wall Street.US stocks were little changed ahead of the release of company results. Market participants will particularly be attuned to how much of an impact a strengthening dollar and falling oil prices have had on Corporate America in the first quarter. "We had a big move last week and we're heading into earnings season and we've had a few warning signs last week from a couple of companies where the impact of foreign exchange is going to be greater than what was previously thought," said Brian Fenske, head of sales and trading at ITG in New York.The euro slipped to a four-week low on a renewed focus on the monetary policy differential between the ...

TSX win streak halted at 7; resource and industrials weigh TORONTO: Canada's main stock index slipped into the red on Monday, ending a 7-day winning streak as rival miners won no love from a merger and investors also took a step back from a range of industrial and energy names.Shares in Alamos Gold Inc jumped 6.6 percent to C$7.90 and AuRico Gold Inc surged 8.2 percent to C$4.09 as the pair of Canadian gold miners unveiled a $1.5 billion merger plan. But the materials sector ...

European stocks hit by weak Chinese data LONDON: Europe's main stock markets closed mixed Monday as investors digested poor Chinese trade data that signalled fresh weakness in the world's second-biggest economy, dealers said.London's benchmark FTSE 100 index dipped 0.36 percent to close at 7,064.30 points, while Frankfurt's DAX 30 index was down 0.29 percent to 12,338.73 points.The CAC 40 in Paris however rose 0.26 percent to 5,254.12 points.In foreign exchange, the European single currency fell to $1.0583 from $1.0599 late in New ...

South African stocks rise for fifth session, Naspers at new peak JOHANNESBURG: South African stocks rose for the fifth straight session on Monday, lifted by Naspers Ltd whose shares surged to a record high as well as a jump in Sasol's shares after the global oil price recovered.Naspers, Africa's largest company by market value, jumped 1.8 percent to 1,980 rand after hitting an all time high of 2,029 rand. Shares in the media and e-commerce firm have gained about 90 percent over the last 12 months.Naspers ...

Britain's FTSE slips off record highs as weak China data hit miners LONDON: Britain's top equity index slipped from record highs on Monday as surprisingly weak data from China weighed on mining stocks, with investors also growing cautious before next month's UK election.The blue-chip FTSE 100 index, which touched a record high of 7,095.36 points on Friday, retreated 25.47 points, or 0.4 percent, to 7,064.30 points by the close. The FTSE remains up nearly 8 percent since the start of 2015.Miners such as BHP Billiton, Anglo American ...

US stocks open busy week with gains NEW YORK: US stocks rose in opening trade Monday with the Nasdaq moving back above 5,000 as a heavy week of earnings and economic data got underway.About 30 minutes into trade, the Dow Jones Industrial Average was at 18,100, up 43.28 points (0.24 percent).The broad-based S&P 500 rose 4.30 (0.20 percent) to 2,106.36, while the tech-rich Nasdaq Composite Index advanced 24.00 (0.48 percent) to 5,019.98.Key earnings reports this week include JPMorgan Chase, Intel and General ...

Weak China trade data hammers Aussie, weighs on Europe shares LONDON: A shock fall in Chinese exports hammered the Australian dollar on Monday, though expectations of fresh economic stimulus from Beijing helped Asian stocks higherChinese shares, which have been rallying on expectations of further steps to boost the economy, hit seven-year highs on Monday even after data showed exports fell 15 percent in March while imports contracted at their fastest rate since May 2009. Economists had forecast a 12 percent increase in exports.The Australian dollar ...


Index Closing Chg%
Arrow DJIA 17,826.30 1.54
Arrow Nasdaq 4,931.82 1.52
Arrow S&P 2,081.18 1.13
Arrow FTSE 6,994.60 0.93
Arrow DAX 11,688.70 2.58
Arrow CAC-40 5,143.26 1.55
Arrow Nikkei 19,652.88 1.17
Arrow H.Seng 27,653.12 0.31
Arrow Sensex 28,442.10 0.78

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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyApril 16, 2015
Reserves $16.818 bln