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Saudi bounces further from chart support; Egypt edges up DUBAI: Saudi Arabia's stock market bounced further from a technical support level early on Sunday, while Egypt's bourse edged up.The Saudi stock index has been rebounding in recent days from support at November's two-year low of 6,828 points. In the opening minutes of trade on Sunday it added 1.7 percent to 7,152 points, nearing resistance on the November high of 7,161 points.With Brent oil still below $45 a barrel and a lack of positive corporate news, an extended rally by the Saudi market looks unlikely to many fund managers. But some local retail investors appear willing to buy on dips near current levels.Real estate firm Dar Al Arkan climbed 4.0 percent and leading petrochemical producer Saudi Basic Industries added 2.6 percent.Egypt's stock index edged up 0.3 percent, with Palm Hills Development gaining 2.9 percent after the al-Borsa newspaper reported the government's New Urban Communities Authority was expected to sign a ...

US STOCKS-S&P 500 scores best week in almost a year Wall Street racked up a solid week on Friday, with healthcare, technology and consumer stock making gains and investors looking beyond a widely-expected December interest rate hike.The S&P 500 ended its strongest week in almost a year, while the Dow Jones industrial average erased its year-to-date loss, led by a 5.46 percent jump in Nike, which announced a $12 billion share buyback and a 2-for-1 share split.The sporting goods maker helped send the consumer discretionary ...

CANADA STOCKS-TSX slips as resource stocks weigh; still up 2.7 pct on week TORONTO: Canada's main stock index pulled back on Friday as weakness in heavyweight energy and material stocks amid volatile oil price action and a disappointing drop in retail sales tarnished a week of decent gains.The materials group fell 2.5 percent and energy names lost 1.9 percent, as gold fell toward a six-year low and U.S. oil slumped before short-covering pushed it back above the $40 a barrel level at the settlement."Technically, oil looks like it ...

Weakening crude spreads put more strain on U.S. oil&#39;s $40 support A surprisingly abrupt breakdown in U.S. crude oil spreads this week has strengthened some traders' conviction of a decisive move below $40 a barrel, extending the early winter price slump.As traders rushed to dump expiring December West Texas Intermediate (WTI) futures on Friday, rather than take delivery in Cushing, Oklahoma, where storage space is dwindling, the spread versus the second month <CLc1-CLc2> widened to as much as $2.90 a barrel, the most since 2011.The second-third ...

European shares steady near 3-month high, set for best week in a month LONDON: European shares steadied near three month highs on Friday, with a benchmark index set for its best week in a month, though the rally was held in check by sales of large stakes in some leading firms. The FTSEurofirst 300 was down 0.1 percent to 1,499.92 points, having touched its highest since August on Thursday. It is up 3 percent so far this week, putting it on track for its best week since October. ...

Indian shares post first weekly gain in four MUMBAI: Indian shares made modest gains on Friday but recorded their first weekly gain in four as consumer goods stocks rose after a panel recommended a 23.55 percent pay hike for current and former government employees. The broader NSE index ended 0.18 percent higher after gaining as much as 0.81 percent earlier in the day. The benchmark BSE index ended 0.1 percent higher after gaining as much as 0.84 percent earlier. For the week, the ...

SE Asia Stocks: Thai index near 2 week closing high; most others up in mixed week BANGKOK: Most southeast Asian stock markets rose on Friday, with Thailand climbing to a near two-week closing high amid demand from domestic funds while Indonesia hit a two-week closing high on short-covering led by foreign investors.Share markets in the region tracked gains in Asian shares as investors grappled with the prospects of higher US borrowing costs and slower global economic growth.The Thai SET index ended the day up 0.6 percent at 1,393.84, the highest close ...


Index Closing Chg%
Arrow DJIA 17,798.49 0.08
Arrow Nasdaq 5,127.52 0.22
Arrow S&P 2,090.11 0.06
Arrow FTSE 6,375.15 0.28
Arrow DAX 11,293.76 0.24
Arrow CAC-40 4,930.14 0.32
Arrow Nikkei 19,883.94 0.30
Arrow H.Seng 22,068.32 1.87
Arrow Sensex 26,128.20 0.65

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln