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Wall St ends higher after factory data NEW YORK: US stocks rose on Friday after surprisingly strong manufacturing data overshadowed expectations that the Federal Reserve might reduce stimulus earlier than expected. The Dow Jones industrial average and the S&P 500 rose for the week as well, their fourth straight week of gains. Factory activity expanded around the world, several business surveys showed, with Chinese manufacturers reporting the fastest upturn in 18 months. The Institute for Supply Management (ISM) said on Friday its index of US factory activity rose to 56.4 in October, its best reading since April 2011. While the news underscored views that the Federal Reserve may be considering scaling back its stimulus sooner than some market participants have been expecting, it also gave investors surprising evidence of the manufacturing sector's strength. The reports "confirmed that maybe the economy isn't quite as weak or rolling over" as ...

US stocks end higher on manufacturing data, car sales NEW YORK CITY: US stocks Friday closed higher following solid US and Chinese manufacturing data and good US car sales.The Dow Jones Industrial Average rose 69.80 (0.45 percent) to 15,615.55.The broad-based S&P 500 tacked on 5.10 (0.29 percent) at 1,761.64, while the tech-rich Nasdaq Composite Index nudged 2.34 (0.06 percent) higher to 3,922.04.The gains came after China's official October purchasing managers' index (PMI) of manufacturing activity climbed to 51.4 last month from 51.1 in September, ...

Vodafone keeps UK FTSE afloat on M&A speculation LONDON: Heavyweight Vodafone kept Britain's top share index afloat on Friday as speculation about a bid from US peer AT&T fuelled a rally in Europe's largest mobile carrier. Shares in Vodafone jumped 3.6 percent to 232 pence, adding 15 points to the FTSE 100 after a media report said AT&T was exploring strategies for a potential takeover of the British telecoms firm as part of a push into Europe. BofA Merrill ...

Renault slides as European shares edge lower LONDON: Fresh signs of corporate earnings weakness pegged back European stock markets on Friday, pushing indexes off multi-year highs and hitting carmaker Renault. The pan-European FTSEurofirst 300 index fell 0.1 percent to 1,290.93 points in mid-session trade, while the euro zone's blue-chip Euro STOXX 50 index declined by 0.2 percent to 3,060.89 points. Germany's DAX fell 0.1 percent to 9,022.93 points, retreating from a record high of 9,070.17 reached on Wednesday, while the FTSEurofirst 300 ...

Asian shares mixed, Sony slump hits Tokyo HONG KONG: Asian markets were mixed on Friday, with Tokyo hit by an 11 percent slump in Sony shares, while Shanghai and Hong Kong were lifted by better-than-expected Chinese manufacturing data.The euro fell lower on deflation fears in the eurozone, while the dollar also faced selling pressure following losses on Wall Street.Tokyo lost 0.88 percent, or 126.37 points, to 14,201.57 and Sydney slid 0.27 percent, or 14.4 points, to 5,411.1, while Seoul rose 0.46 percent, ...

Hong Kong stocks end 0.19pc higher HONG KONG: Hong Kong stocks rose 0.19 percent on Friday after Chinese data showed manufacturing activity at its highest level in 18 months.The benchmark Hang Seng Index added 43.42 points to 23,249.79 on turnover of HK$49.03 billion ($6.33 billion).Chinese shares ended up 0.37 percent. The benchmark Shanghai Composite Index rose 7.95 points to 2,149.56 on turnover of 76.3 billion yuan ($12.5 billion).Copyright AFP (Agence France-Presse), 2013

European stocks mixed at open LONDON: Europe's leading stock markets opened mixed on Friday, with London rising and Frankfurt and Paris inching downward.London's benchmark FTSE 100 index climbed 0.31 percent to 6,752.02 points.Frankfurt's DAX 30 dipped 0.02 percent to 9,032.29 points and in Paris the CAC 40 eased 0.07 percent to stand at 4,302.71 compared with Thursday's closing values.Copyright AFP (Agence France-Presse), 2013


Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln