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Wall St gains as ECB prepares to flood markets NEW YORK: The S&P 500 and Nasdaq turned positive for the year as US stocks rallied on Thursday on the back of a larger than anticipated stimulus from the European Central Bank. The ECB will buy 60 billion euros worth of assets per month, more than markets had been hoping for, in a program that will last through September 2016. The choppiness seen early during the Wall Street session was due to some lingering questions about the effect of the announced measures on US markets, said David Lebovitz, Global Market Strategist for J.P. Morgan Asset Management. But as investors digested the details of the program it became more clear that the ECB was accomplishing exactly what it intended to. "This is really the bazooka people had been looking for in the past years," Lebovitz said. He said the sectors most likely to gain from the ECB move would be "anything ...

TSX ends higher after ECB, Bank of Canada moves TORONTO: Canada's main stock index jumped on Thursday after the European Central Bank's move to unveil massive stimulus measures and an unexpected rate cut by the Bank of Canada. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 203.56 points, or 1.4 percent, at 14,763.98. All of the 10 main sectors on the index were higher. Copyright Reuters, 2015 ...
Wall St rallies as ECB prepares to flood markets NEW YORK: The S&P 500 and Nasdaq turned positive for the year as US stocks rallied on Thursday on the back of a larger than anticipated stimulus program announcement from the European Central Bank. The Dow Jones industrial average rose 259.7 points, or 1.48 percent, to 17,813.98, the S&P 500 gained 31.03 points, or 1.53 percent, to 2,063.15 and the Nasdaq Composite added 82.98 points, or 1.78 percent, to 4,750.40. Copyright Reuters, 2015 ...
TSX nears 2-month high as central bank actions boost TORONTO: Canada's main stock index advanced to its highest in almost two months on Thursday, buoyed by the European Central Bank's massive stimulus measures and an unexpected rate cut by the Bank of Canada.The Bank of Canada cut interest rates on Wednesday in an effort to ease the impact of weaker oil prices on the Canadian economy.The move fueled a 1.8 percent jump in the TSX on Wednesday. The ECB on Thursday launched a government ...
TSX hits 2-week high after ECB, Bank of Canada moves TORONTO: Canada's main stock index advanced on Thursday to its highest level in two weeks as investors cheered the European Central Bank's stimulus measures and an unexpected rate cut by the Bank of Canada. Bank of Canada's interest rate cut on Wednesday was meant to ease the impact that weaker oil prices are having on the economy. The move fueled a 1.8 percent jump in the TSX on Wednesday.The ECB on Thursday launched a government ...
ECB measures lift Wall St in volatile session NEW YORK: US stocks rallied in volatile trading on Thursday after the European Central Bank announced expanded measures to stimulate the region's sagging economy, as expected. Equities moved between positive and negative territory, with a number of disappointing corporate results from bellwether stocks spurring some morning selling. The ECB will buy 60 billion euros worth of assets per month, an amount that was more than expected, in a program that will last through September 2016. ...
US shares higher after large ECB stimulus plan detailed NEW YORK: US shares were higher an hour into trade Thursday after the European Central Bank announced a larger-than-expected stimulus plan to fend off slow growth and deflation in the eurozone.The Dow Jones Industrial Average added 52.08 points (0.30 percent) at 17,606.36.The broad-based S&P 500 rose 8.75 (0.43 percent) to 2,040.87, while the tech-rich Nasdaq Composite gained 15.08 (0.32 percent) at 4,682.50.ECB chief mario Draghi announced a 60 billion euro-a-month ($69 billion) bond buying program ...

 



 
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