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Brazil stocks drop on growth, inflation, energy worries SAO PAULO: Brazil's stock market weakened on Monday after data released earlier in the day showed worsening market expectations for economic growth and inflation this year.Mexican and Chilean shares also declined, driving the broader MSCI Latin American stock index to its second straight loss.Brazil's Bovespa stock index posted the largest drop in the region, sinking about 1 percent.Economists hiked their forecasts for Brazil's 2015 inflation rate to 6.99 percent while slashing their economic growth estimates for the year to just 0.13 percent, a weekly central bank poll showed on Monday.Data from another survey released on Monday showed consumer confidence plunged in January to its lowest since the data series began in September 2005.The cloudy outlook contributed to investor jitters over potential energy rationing due to low reservoir levels at hydroelectric power plants."The drop is very much linked to the fact that the market is already pricing in the fear of ...

TSX declines after Greek election results TORONTO: Canada's main stock index fell on Monday on anxiety spurred by the victory of the leftist Syriza party in the Greek election and by Syriza's demands for a restructuring of the country's international debt.Greek leftist leader Alexis Tsipras was sworn in on Monday as the prime minister of a new anti-bailout government and promised that the austerity imposed by international creditors for the past five years is over.The benchmark TSX's decline came after a ...
Wall St flat after leftists win Greek elections NEW YORK: US stocks were little changed on Monday after a decisive Greek election victory by the Syriza party spurred concern over fresh instability in the euro zone, even as the possibility of Greece leaving the bloc was considered remote.The leftist Syriza party looked set to take on Greece's international lenders, with leader Alexis Tsipras pledging to end five years of austerity and renegotiate Greece's debt agreements. Investors were concerned that potential conflicts with other ...
World stock markets flat; euro steadies after Syriza win in Greece NEW YORK: The euro steadied after losing ground on Monday, suggesting confidence in the ECB's new money-printing program despite Greek election winner Syriza's pledge to take on international lenders. The victory by the Syriza party spurred concern over fresh instability in the euro zone, even as the possibility of Greece leaving the bloc was considered remote. Global stock indexes were little changed. US stocks were lower in early trading, while MSCI's global share index was ...
US stocks drop after leftists top Greek vote NEW YORK: US stocks fell in early trade Monday after Greece voters placed the leftist, anti-austerity party Syriza in power in a vote that could spell more turbulence for markets.Traders shrugged off mostly forecast-beating results from a handful of medium-sized firms that launched a week in which nearly 150 Wall Street-traded firms turn in fourth-quarter earnings reports.Thirty minutes into trade, the Dow Jones Industrial Average was down 61.62 points (0.35 percent) at 17,610.98.The broader S&P ...
NY insider trading ruling tests prosecutors beyond Wall Street NEW YORK: A court ruling that sharply curtailed the ability of prosecutors including Manhattan US Attorney Preet Bharara to pursue insider trading cases is increasingly testing regulators' abilities across the country.Defendants in California and Massachusetts have sought to take advantage of a December ruling from the 2nd US Circuit Court of Appeals in New York that narrowed the definition of insider trading, making it harder for prosecutors to pursue their cases.The challenges raise the possibility ...
Wall St Week Ahead-Eyes on Fed after ECB, other bank stimulus moves NEW YORK: The Federal Reserve could be key for Wall Street next week as investors get to hear from the US central bank for the first time since a series of moves by its global peers, including the European Central Bank's massive stimulus plan. Thursday's larger-than-expected stimulus package from the ECB lifted US stocks, helping indexes post gains for the week after three straight weeks of losses. But the increased stimulus measures from the ECB ...

 



 
Index Closing Chg%
Arrow DJIA 17,652.60 0.79
Arrow Nasdaq 4,757.88 0.16
Arrow S&P 2,051.82 0.55
Arrow FTSE 6,832.83 0.53
Arrow DAX 10,649.58 2.05
Arrow CAC-40 4,640.69 1.93
Arrow Nikkei 17,511.75 1.05
Arrow H.Seng 24,850.45 1.34
Arrow Sensex 29,278.84 0.94






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 22, 2015
Reserves $10.331 bln