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US stocks fall on oil weakness NEW YORK: US stocks Wednesday dropped in early trade as petroleum-linked equities suffered more losses on the latest retreat in oil prices.About 25 minutes into trade, the Dow Jones Industrial Average stood at 17,678.52, down 122.68 points (0.69 percent).The broad-based S&P 500 fell 12.80 (0.62 percent) to 2,047.02, while the tech-rich Nasdaq Composite Index declined 20.24 (0.42 percent) to 4,746.23.Dow component ExxonMobil fell 2.4 percent and oil-services titan Weatherford International tumbled 4.4 percent on falling oil prices as the Organization of the Petroleum Exporting Countries forecast lower demand for its crude in 2015.International markets steadied after Tuesday's rout. Shanghai's index jumped nearly three percent on hopes for more Chinese government stimulus. Equity markets in Britain, France and Germany all rose.Dow component JPMorgan Chase fell 2.0 percent after the Federal Reserve said the largest US bank by assets would need $22 billion more in capital by 2019 to meet new capital ...

TSX drops as oil selloff triggers global growth concerns TORONTO: Canada's main stock index dropped in volatile trading on Tuesday, extending a steep decline in the previous session, as the recent selloff in the price of oil fueled concerns about the health of the global economy.Oil prices tumbled to a five-year low, weighed by fears of increasing supply and sluggish demand. They recovered later but have lost about 40 percent since June, hurting the energy sector in the process.Shares of energy companies, which tumbled ...
Global demand worries drag Wall St lower NEW YORK: US stocks were sharply lower on Tuesday as investors shunned risk over concerns about the impact of lower oil prices on the global economy and political turmoil in Greece.Brent crude rebounded to climb 0.8 percent after it touched a fresh five-year low of $65.29 on Tuesday. Oil prices have been under pressure as the dollar strengthened and OPEC decided against an output cut, with Brent down more than 40 percent from its June ...
Shares fall on oil drop, Greek political turmoil NEW YORK: Investors aggressively sold equities worldwide on Tuesday, after China's market posted its worst day in five years and oil prices fell to levels not seen since 2009.U.S. and European shares were down for a second day in a row, in part due to concern that the decline in oil suggested global economic weakness and as Greece's equity market slumped 12 percent on political turmoil.Chinese shares, which had recently touched a three-and-a-half-year high, had ...
TSX drops as oil-price fall fuels economy concerns TORONTO: Canada's main stock index dropped at the open on Tuesday, extending the steep decline of the previous session as the selloff in the price of oil triggered concerns about the health of the global economy.The Toronto Stock Exchange's S&P/TSX composite index was down 117.72 points, or 0.8 percent, at 14,031.39 shortly after the open.Copyright Reuters, 2014 ...
Wall St drops on global demand concerns NEW YORK: US stocks were sharply lower on Tuesday on concerns about the impact of lower oil prices on the global economy and the effect of political turmoil in Greece on the euro zone.Brent crude touched a fresh five-year low of $65.29 on Tuesday and was last down 0.3 percent to $65.97. Oil prices have been under pressure as the dollar has strengthened and OPEC decided against an output cut."It's oil, oil and more oil, ...
Energy selloff fuels biggest TSX drop in almost 18 months TORONTO: Canada's main stock index recorded its biggest single-day percentage drop in nearly 18 months on Monday as a selloff in oil sent shares of energy producers tumbling and raised fears about a wholesale retreat from Canadian equities.With world oil prices showing no signs of slowing their decline to five-year lows, Canada's large number of energy stocks were among the hardest hit but were by no means the only ones.They were joined by banks, part ...

 



 
Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln