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South African stocks rise again, Lewis touches record high JOHANNESBURG: South African stocks rose for a second straight session on Monday as furniture retailer Lewis Group touched a record high after reporting higher revenue and gold producers climbed on the back of better prices. Lewis, a credit retailer servicing the lower end of the market, said its revenue and sales were boosted by acquisitions and upbeat festive season sales in the 9 months to September. Shares in Lewis rose 3.8 percent to 85.90 rand after hitting an all-time high of 89.90 rand in the session. "It's a good set of results in this particular industry. With the consumer being under pressure with high debt levels, it's a tough trading environment for credit retailers," said Abri du Plessis, an analyst at Gryphon Asset Management. The benchmark Top-40 index added 0.76 percent to 44,531, while the broader All-Share index gained 0.74 percent to 50,711. Gold Fields and Harmony Gold were among ...

Dollar down on mixed US data ahead of FOMC decision NEW YORK: The US dollar fell on Tuesday with currency strategists pointing toward a surprise drop in U.S. durable goods orders that is feeding into speculation the Federal Reserve might hold off on raising interest rates longer than currently expected.Investors have bid the dollar higher in anticipation that the Fed will be raising interest rates around mid-year as the U.S. economy recovers its growth momentum at the same time major central banks in Europe and ...

US stocks tumble on weak earnings NEW YORK: The Dow fell more than 260 points in early trade Tuesday following several disappointing earnings reports from big companies and a surprising drop in durable goods orders.About 30 minutes into trade, the Dow Jones Industrial Average stood at 17,414.63 down 264.07 points (1.49 percent).The broad-based S&P 500 dropped 24.53 (1.19 percent) to 2,032.56, while the tech-rich Nasdaq Composite Index fell 77.34 (1.62 percent) to 4,694.43.Investors pummelled Dow member Caterpillar (-7.2 percent) after the ...

Greek fears send European stocks sliding again LONDON: Intensifying anxiety over Greece sent European stock markets lower Tuesday, with the new government set on a collision course with creditors over plans to renegotiate its enormous bailout, analysts said.London's benchmark FTSE 100 index of top companies fell 0.99 percent to 6,784.61 points in mid-afternoon trading, as investors also digested data showing Britain's economic growth slowed to 0.5 percent in the fourth quarter of 2014.Elsewhere, Frankfurt's DAX 30 lost 1.69 percent to 10,616 and ...

Saudi Arabia jumps on bets that oil has bottomed out DUBAI: Saudi Arabia's petrochemicals sector surged on Tuesday after OPEC's secretary-general said oil prices might have bottomed out and warned of a jump to $200 a barrel if investment in new supplies became too low.Brent crude traded above $48 per barrel, also supported by a slightly weaker U.S. dollar.The main Saudi stock index jumped 2.4 percent in the heaviest trade this month, as shares in petrochemicals giant Saudi Basic Industries surged 6.4 percent to 84.00 ...

European stocks driven back by Greek worries, weak corporate results LONDON: Renewed concern over Greece and weak results at companies such as Siemens and Philips halted a winning run on European stock markets on Tuesday.The pan-European FTSEurofirst 300 index, which had risen for the past eight sessions, retreated 1 percent to 1,473.54 points going into the close of the trading day.The euro zone's blue-chip Euro STOXX 50 index also declined 1.4 percent after a similar eight-day winning streak. Those gains were ignited by the European ...

TSX opens lower on Greek concerns, mining weakness TORONTO: Canada's main stock index fell on Tuesday, hit by concerns about the Greek election results and weaker copper prices, which pulled mining shares lower.The Toronto Stock Exchange's S&P/TSX composite index was down 105.95 points, or 0.72 percent, at 14,691.88 shortly after the open.Copyright Reuters, 2015


Index Closing Chg%
Arrow DJIA 17,409.00 1.31
Arrow Nasdaq 4,683.41 0.98
Arrow S&P 2,017.30 0.95
Arrow FTSE 6,810.60 0.22
Arrow DAX 10,737.87 0.25
Arrow CAC-40 4,631.43 0.44
Arrow Nikkei 17,606.22 1.06
Arrow H.Seng 24,595.85 1.07
Arrow Sensex 29,681.77 0.41

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