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UK's FTSE climbs to record closing high as Standard Chartered surges LONDON: Britain's top equity index hit a record closing high on Thursday, helped by a surge in the share price of the Asian-focused bank Standard Chartered.Standard Chartered advanced by 5.4 percent as traders welcomed its appointment of a new chief executive, former JPMorgan investment bank boss Bill Winters."We are pleased with the announcement of Bill Winters. He is well respected and with management looking to bring back more focus on the core business, we think this will please investors," said Atif Latif, director of trading at Guardian Stockbrokers.Standard Chartered gave one of the biggest lifts to the FTSE 100, which ended 0.2 percent higher at 6,949.73 points -- a new closing high and near the intraday record high of 6,958.89 points it reached on Tuesday.Charles Hepworth, investment director at GAM, said the approach of Britain's general elections in May could hinder the FTSE, but he still thinks it could easily ...


Food and beverages firms push European stocks to new highs LONDON: Major European share indexes climbed to new multi-year highs on Thursday, with the world's largest brewer Anheuser-Busch InBev leading the food and beverages sector higher after announcing a sharp dividend hike and a share buyback plan.Germany's DAX set a new life-time high, the pan-European FTSEurofirst 300 and the broader STOXX 600 share indexes climbed to their highest level in more than seven years, and France's CAC touched its highest level since mid-2008.Belgium-based InBev rose ...

S&P 500, Dow dip with energy; Nasdaq up after deal news NEW YORK: The Dow and S&P 500 edged lower at midday on Thursday as energy shares eased back with oil prices, while the Nasdaq advanced after deal news in the technology sector.Avago Technologies jumped 13 percent to $127.39 as the best performer on both the S&P 500 and Nasdaq 100 index after the company reached a deal to acquire Emulex for $8 per share. Emulex shares surged 25.8 percent to $8.Apple shares also edged higher ...

Global equities fall as decline in oil drags on energy shares NEW YORK: Global equities declined slightly on Thursday as a pullback in oil prices due to rising inventories dampened investor enthusiasm while the dollar rose as data revived confidence in the U.S. economy.Major U.S. equities indexes were little changed. The S&P 500 was pressured by a 1.8 percent drop in energy shares . Brent crude was down 1.4 percent and U.S. crude fell 1.9 percent.U.S. consumer prices in January posted their biggest drop since 2008 ...

S&P 500, Dow fall as energy sinks; Nasdaq up after deal news NEW YORK: The Dow and S&P 500 slipped in afternoon trading on Thursday as energy shares tumbled with oil prices, while the Nasdaq advanced after deal news in the technology sector.Energy shares led declines in the S&P 500 and Dow, with the S&P 500 energy index dropping 2.3 percent as U.S. crude oil futures fell 5.5 percent to settle at $48.17, pressured by rising inventories in the United States.Avago Technologies jumped 13.2 percent to $129.47 ...

European stocks rise, FTSE and DAX hit record highs LONDON: European stocks pushed higher Thursday, with London's benchmark FTSE 100 index and Frankfurt's DAX 30 index hitting record high closing levels as chances of a quick US interest rate hike recede.The FTSE 100 rose 0.21 percent to 6,949.73 points, beating by a whisker the level set Tuesday when it broke a 15-year record.Meanwhile the DAX 30 index shot up 1.04 percent to 11,327.19 points, boosted by more positive German economic data, and in Paris ...

European stocks set new multi-year highs, InBev helps LONDON: Major European share indexes climbed to new multi-year highs on Thursday, with the world's largest brewer Anheuser-Busch InBev leading the food and beverages sector higher after announcing a sharply higher dividend and a share buyback plan. Belgium-based InBev rose 3.2 percent after proposing a total dividend of 3.00 euros for 2014, a jump from 2.05 euros for 2013, and detailing a $1-billion share buyback plan. The STOXX Europe 600 Food and Beverages index rose ...


 



 
Index Closing Chg%
Arrow DJIA 18,288.63 0.86
Arrow Nasdaq 5,008.10 0.90
Arrow S&P 2,117.39 0.61
Arrow FTSE 6,940.64 0.09
Arrow DAX 11,410.36 0.08
Arrow CAC-40 4,917.32 0.69
Arrow Nikkei 18,826.88 0.15
Arrow H.Seng 24,887.44 0.15
Arrow Sensex 29,459.14 0.33







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